FedEx CEO exercises options, 85,771 shares direct
FedEx Corp President and CEO Rajesh Subramaniam reported stock option activity involving company shares.
Rhea-AI Filing Summary
FedEx Corp President and CEO Rajesh Subramaniam reported stock option activity involving company shares. He exercised 13,225 non-qualified stock options, receiving the same number of FedEx common shares at a per-share exercise price of $162.82. In a related tax-withholding disposition, 8,330 shares of common stock were withheld by FedEx to cover the option exercise price and required tax withholdings under the company’s 2010 Omnibus Stock Incentive Plan.
After these transactions, Subramaniam directly owned 85,771 shares of FedEx common stock. In addition, 43,032 shares were held indirectly through a family trust, reflecting separate indirect ownership. The filing shows a mix of option exercise and share withholding tied to compensation and tax obligations, rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) | 13,225 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,225 | $162.82 | $2.15M |
| Exercise Price or Tax Liability | Common Stock | 8,330 | $379.305 | $3.16M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the number of shares withheld by the Issuer as a result of the net exercise of stock options and used to pay the exercise price and required tax withholdings in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan.
- F2. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.
FAQ
What insider transactions did FedEx (FDX) CEO Rajesh Subramaniam report?
Was the FedEx (FDX) CEO’s Form 4 a stock sale in the open market?
What does the tax-withholding disposition mean in the FedEx (FDX) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.