STOCK TITAN

FedEx (FDX) EVP Vishal Talwar awarded RSUs and stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FedEx Corp executive Vishal Talwar received equity-based compensation in the form of stock and options. On June 25, 2026, he was granted 4,734 shares of common stock as restricted stock units that vest in equal installments on the first through third anniversaries of the grant date and accrue dividend equivalents. He also received non-qualified stock options for 3,567 shares with an exercise price of $323.62 per share, vesting ratably over three years and first exercisable one year after grant, expiring on June 25, 2036. Following these grants, his direct common stock holdings increased to 14,036 shares.

Positive

  • None.

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Insider Talwar Vishal
Role EVP CDIO & PRESIDENT FDW
Type Security Shares Price Value
Grant/Award Non-qualified Stock Option (Right to Buy) 3,567 $0.00 --
Grant/Award Common Stock 4,734 $0.00 --
Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 3,567 shares (Direct, null); Common Stock — 14,036 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of Company common stock upon vesting. The RSUs vest ratably on the first through third anniversaries of the grant date and shall accrue dividend equivalents when a dividend is paid on shares of FedEx common stock. These options vest ratably over three years from the date of grant and are first exercisable one year from date of grant.
RSU grant 4,734 shares Restricted stock units granted June 25, 2026
Stock option grant 3,567 options Non-qualified stock options granted June 25, 2026
Option exercise price $323.62 per share Exercise price for 3,567 non-qualified stock options
Option expiration June 25, 2036 Expiration date of non-qualified stock options
Shares owned after grant 14,036 shares Direct common stock holdings following awards
restricted stock units financial
"Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Non-qualified Stock Option financial
"Non-qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
dividend equivalents financial
"The RSUs vest ratably ... and shall accrue dividend equivalents when a dividend is paid"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
vest ratably financial
"The RSUs vest ratably on the first through third anniversaries of the grant date"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Talwar Vishal

(Last)(First)(Middle)
942 S SHADY GROVE ROAD

(Street)
MEMPHIS TENNESSEE 38120

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FEDEX CORP [ FDX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP CDIO & PRESIDENT FDW
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/25/2026A4,734(1)A$014,036D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-qualified Stock Option (Right to Buy)$323.6206/25/2026A3,567 (2)06/25/2036Common Stock3,567$03,567D
Explanation of Responses:
1. Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of Company common stock upon vesting. The RSUs vest ratably on the first through third anniversaries of the grant date and shall accrue dividend equivalents when a dividend is paid on shares of FedEx common stock.
2. These options vest ratably over three years from the date of grant and are first exercisable one year from date of grant.
/s/ Vishal Talwar06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did FedEx (FDX) executive Vishal Talwar receive?

Vishal Talwar received 4,734 restricted stock units and 3,567 non-qualified stock options. The RSUs convert into common shares upon vesting, while the options allow future share purchases at a fixed $323.62 exercise price.

How do the new FedEx (FDX) RSUs vest for Vishal Talwar?

The 4,734 restricted stock units vest ratably on the first through third anniversaries of the June 25, 2026 grant date. Each vested RSU delivers one share of FedEx common stock and accrues dividend equivalents until settlement.

What are the terms of Vishal Talwar’s new FedEx (FDX) stock options?

Talwar’s 3,567 non-qualified stock options have a $323.62 exercise price and expire June 25, 2036. They vest evenly over three years and are first exercisable one year after the grant date, subject to continued service and plan terms.

How many FedEx (FDX) shares does Vishal Talwar own after these grants?

After the June 25, 2026 equity grants, Vishal Talwar directly holds 14,036 shares of FedEx common stock. This figure reflects his updated ownership following the award of 4,734 restricted stock units reported in the filing.

Do Vishal Talwar’s FedEx (FDX) RSUs pay dividends before vesting?

The restricted stock units accrue dividend equivalents when FedEx pays dividends on its common stock. These equivalents generally convert into additional value or shares when the underlying RSUs vest and settle, aligning Talwar with shareholder returns.