FedEx director exercises options for 5,042 shares
The options were adjusted in connection with FedEx Freight Holding Company, Inc.'s June 1, 2026, spin-off to preserve the awards' intrinsic value.
Rhea-AI Filing Summary
FedEx Corp (FDX) director Ramo Joshua Cooper exercised options covering 5,042 common shares on September 24, 2026, at an exercise price of $137.85 per share. The transaction acquired 5,042 common shares, and the issuer withheld 2,436 shares to pay the exercise price under FedEx's 2010 Omnibus Stock Incentive Plan. No Rule 10b5-1 plan is reported. The options list September 26, 2026, as their expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,042 shares exercised/converted
Exercise
3 txns
Insider
Ramo Joshua Cooper
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3, F4 | 5,042 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,042 | $137.85 | $695K |
| Exercise Price Payment | Common Stock F2 | 2,436 | $285.405 | $695K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 11,123 shares (Direct)
Footnotes (4)
- F1. Ownership has been adjusted to reflect 11 shares that were acquired via dividend reinvestment as a result of dividends paid to all stockholders.
- F2. 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 in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan, (the "Plan").
- F3. In connection with the issuer's spin off of FedEx Freight Holding Company, Inc. on June 1, 2026, the reporting person's outstanding stock options were adjusted pursuant to the Plan to preserve the intrinsic value of the awards.
- F4. These options first exercisable one year from date of grant.
Key Figures
Options exercised: 5,042 options covering common shares
Common shares acquired: 5,042 shares
Exercise price: $137.85 per share
+2 more
5 metrics
Options exercised
5,042 options covering common shares
Exercise on September 24, 2026
Common shares acquired
5,042 shares
Acquired on September 24, 2026
Exercise price
$137.85 per share
Option exercise on September 24, 2026
Shares withheld to pay exercise price
2,436 common shares
Withheld by the issuer in connection with the net exercise
Option expiration
September 26, 2026
Expiration date listed for the exercised options
Key Terms
net exercise, intrinsic value, dividend reinvestment, 2010 Omnibus Stock Incentive Plan
4 terms
net exercise financial
"as a result of the net exercise of stock options"
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
intrinsic value financial
"to preserve the intrinsic value of the awards"
Intrinsic value is the true or actual worth of an asset based on its fundamental qualities, such as its income-generating ability or underlying assets, rather than its current market price. It helps investors determine whether an asset is overvalued or undervalued by comparing its real worth to its market value, much like estimating the true value of a used car beyond its sticker price based on its condition and history.
dividend reinvestment financial
"acquired via dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
2010 Omnibus Stock Incentive Plan financial
"in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why were Ramo Joshua Cooper's FDX options adjusted?
The options were adjusted in connection with FedEx Freight Holding Company, Inc.'s June 1, 2026, spin-off to preserve the intrinsic value of the awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.