FedEx (NYSE: FDX) COO Richard Smith receives new RSUs and stock options

Rhea-AI Filing Summary

FedEx Corp director and executive Richard W. Smith reported new equity awards and updated holdings. He received 4,734 restricted stock units, each representing one future share of common stock upon vesting. These RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date and will accrue dividend equivalents.

He was also granted a non-qualified stock option for 3,567 shares at an exercise price of $323.62 per share, vesting ratably over three years and first exercisable one year from grant. Following these awards, he directly holds 113,629 common shares, with additional indirect holdings through family trusts and a family holding company. The filing shows no open-market purchases or sales.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Smith Richard W

Role COO INTL - CEO Airline FEC

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	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 3,567 shares (Direct, null); Common Stock — 113,629 shares (Direct, null); Common Stock — 253,927 shares (Indirect, by Family Holding Company)

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.

Key Figures

RSU grant: 4,734 RSUs Option grant: 3,567 options Option exercise price: $323.62 per share +3 more

6 metrics

RSU grant 4,734 RSUs Common stock units granted to Richard W. Smith

Option grant 3,567 options Non-qualified stock options granted

Option exercise price $323.62 per share Exercise price for new non-qualified stock options

Direct holdings after grant 113,629 shares FedEx common stock held directly by Richard W. Smith

Indirect trust holdings 79,600 shares FedEx common stock held by family trusts

Indirect holding company shares 253,927 shares FedEx common stock held by family holding company

Key Terms

restricted stock units ("RSUs"), dividend equivalents, Non-qualified Stock Option (Right to Buy), vest ratably, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

dividend equivalents financial

"The RSUs vest... and shall accrue dividend equivalents when a dividend is paid on shares of FedEx common stock."

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.

Non-qualified Stock Option (Right to Buy) financial

"security_title": "Non-qualified Stock Option (Right to Buy)""

vest ratably financial

"These options vest ratably over three years from the date of grant..."

exercise price financial

"conversion_or_exercise_price": "323.6200""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:45 PM Accepted by SEC EDGAR 06/26/2026 - 04:44 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Smith Richard W

(Last) (First) (Middle)

145 LT GEORGE W. LEE

(Street)

MEMPHIS TENNESSEE 38103

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO INTL - CEO Airline FEC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/25/2026		A		4,734(1)	A	$0	113,629	D
Common Stock								253,927	I	by Family Holding Company
Common Stock								79,600	I	By Family Trusts

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	$323.62	06/25/2026		A		3,567		(2)	06/25/2036	Common Stock	3,567	$0	3,567	D

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/ Richard W. Smith	06/26/2026
	** Signature of Reporting Person	Date
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 did FedEx (FDX) executive Richard W. Smith receive in this Form 4 filing?

Richard W. Smith received new equity awards consisting of 4,734 restricted stock units and 3,567 non-qualified stock options. These awards are compensation-related grants, not open-market trades, and increase his potential ownership in FedEx common stock over time as they vest.

How do Richard W. Smith’s new FedEx (FDX) RSUs vest and what do they represent?

The 4,734 FedEx RSUs vest ratably over three years, on the first through third anniversaries of the grant date. Each RSU represents one future share of FedEx common stock upon vesting and will accrue dividend equivalents when FedEx pays dividends on its common shares.

What are the terms of the new FedEx (FDX) stock options granted to Richard W. Smith?

Richard W. Smith was granted 3,567 non-qualified stock options with a $323.62 exercise price per share, expiring in 2036. These options vest ratably over three years and are first exercisable one year after the grant date, giving him the right to buy FedEx shares at that price.

How many FedEx (FDX) shares does Richard W. Smith hold after these transactions?

After these awards, Richard W. Smith holds 113,629 FedEx common shares directly. He also has indirect ownership of 79,600 shares through family trusts and 253,927 shares through a family holding company, reflecting substantial overall exposure to FedEx equity.

Does this FedEx (FDX) Form 4 show any open-market buying or selling by Richard W. Smith?

No, the Form 4 does not show any open-market purchases or sales. It reports compensation-related grants of RSUs and stock options, plus updated indirect holdings through family entities, which are different from discretionary market trading in FedEx shares.

What do dividend equivalents on FedEx (FDX) RSUs mean for Richard W. Smith?

Dividend equivalents mean his RSUs will accrue amounts when FedEx pays dividends on its common stock. These equivalents typically mirror the dividends paid per share, enhancing the economic value of the RSUs until they convert into actual FedEx shares at vesting.