FedEx executive Tracy B. Brightman sells 26,611 shares

The options vest ratably over four years from grant and are first exercisable one year from the grant date.

Available on EDGAR 10/30/2026 - 04:46 PM EDT Accepted by SEC EDGAR 10/30/2026 - 04:45 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

FedEx Corporation EVP - Chief People Officer Tracy B. Brightman exercised six non-qualified stock options for 23,070 common shares on October 30, 2026. The tranches were 4,332 shares at an exercise price of $127.76, 3,534 at $103.38, 1,691 at $179.14, 4,889 at $181.23, 3,524 at $230.59, and 5,100 at $176.07 per share.

Brightman also sold 26,611 common shares that day: 23,070 at a weighted-average price of $316.7274 per share and 3,541 at $316.4003 per share. The respective sale-price ranges were $316.47–$317.13 and $316.40–$316.4550. No Rule 10b5-1 plan is reported. The options were adjusted in connection with FedEx's June 1, 2026 spin off of FedEx Freight Holding Company, Inc.; they vest ratably over four years from grant and are first exercisable one year from grant.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 14 txns

Insider Brightman Tracy B

Role EVP - Chief People Officer

Sold 26,611 shs ($8.43M)

Approx. gross sale proceeds $8.43M

Approx. exercise cost $3.82M

Type	Security	Shares	Price	Value
Exercise	Non-qualified Stock Option (Right to Buy) F3, F4	4,332	$0.00	$0.00
Exercise	Non-qualified Stock Option (Right to Buy) F3, F4	3,534	$0.00	$0.00
Exercise	Non-qualified Stock Option (Right to Buy) F3, F4	1,691	$0.00	$0.00
Exercise	Non-qualified Stock Option (Right to Buy) F3, F4	4,889	$0.00	$0.00
Exercise	Non-qualified Stock Option (Right to Buy) F3, F4	3,524	$0.00	$0.00
Exercise	Non-qualified Stock Option (Right to Buy) F3, F4	5,100	$0.00	$0.00
Exercise	Common Stock	4,332	$127.76	$553K
Exercise	Common Stock	3,534	$103.38	$365K
Exercise	Common Stock	1,691	$179.14	$303K
Exercise	Common Stock	4,889	$181.23	$886K
Exercise	Common Stock	3,524	$230.59	$813K
Exercise	Common Stock	5,100	$176.07	$898K
Sale	Common Stock F1	23,070	$316.7274	$7.31M
Sale	Common Stock F2	3,541	$316.4003	$1.12M

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 27,241 contracts (Direct); Common Stock — 12,245 shares (Direct)

Footnotes (4)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.47 to $317.13, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.40 to $316.4550, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
3. 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.
4. F4. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.

Key Figures

Option exercise tranche: 4,332 shares at $127.76 per share Option exercise tranche: 3,534 shares at $103.38 per share Option exercise tranche: 1,691 shares at $179.14 per share +5 more

8 metrics

Option exercise tranche 4,332 shares at $127.76 per share October 30, 2026

Option exercise tranche 3,534 shares at $103.38 per share October 30, 2026

Option exercise tranche 1,691 shares at $179.14 per share October 30, 2026

Option exercise tranche 4,889 shares at $181.23 per share October 30, 2026

Option exercise tranche 3,524 shares at $230.59 per share October 30, 2026

Option exercise tranche 5,100 shares at $176.07 per share October 30, 2026

Sale transaction 23,070 shares at weighted-average $316.7274 per share October 30, 2026; prices ranged from $316.47 to $317.13

Sale transaction 3,541 shares at weighted-average $316.4003 per share October 30, 2026; prices ranged from $316.40 to $316.4550

Key Terms

Non-qualified Stock Option (Right to Buy), weighted average price, intrinsic value, vest ratably

4 terms

Non-qualified Stock Option (Right to Buy) financial

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

weighted average price financial

"price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

intrinsic value financial

"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.

vest ratably financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FDX shares did Tracy B. Brightman sell?

Tracy B. Brightman sold 26,611 shares on October 30, 2026, in two transactions: 23,070 shares at a weighted-average $316.7274 per share, with prices ranging from $316.47 to $317.13, and 3,541 shares at a weighted-average $316.4003 per share, with prices ranging from $316.40 to $316.4550. No Rule 10b5-1 plan is reported.

How many FDX shares did Tracy B. Brightman exercise options for, and at what prices?

Brightman exercised options for 23,070 shares across six tranches: 4,332 at $127.76, 3,534 at $103.38, 1,691 at $179.14, 4,889 at $181.23, 3,524 at $230.59, and 5,100 at $176.07 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Brightman Tracy B

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief People Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

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	10/30/2026		M		4,332	A	$127.76	20,118	D
Common Stock	10/30/2026		M		3,534	A	$103.38	23,652	D
Common Stock	10/30/2026		M		1,691	A	$179.14	25,343	D
Common Stock	10/30/2026		M		4,889	A	$181.23	30,232	D
Common Stock	10/30/2026		M		3,524	A	$230.59	33,756	D
Common Stock	10/30/2026		M		5,100	A	$176.07	38,856	D
Common Stock	10/30/2026		S		23,070	D	$316.7274(1)	15,786	D
Common Stock	10/30/2026		S		3,541	D	$316.4003(2)	12,245	D

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)	$127.76(3)	10/30/2026		M			4,332(3)	(4)	06/10/2029	Common Stock	4,332	$0	0	D
Non-qualified Stock Option (Right to Buy)	$103.38(3)	10/30/2026		M			3,534(3)	(4)	06/15/2030	Common Stock	3,534	$0	0	D
Non-qualified Stock Option (Right to Buy)	$179.14(3)	10/30/2026		M			1,691(3)	(4)	06/30/2032	Common Stock	1,691	$0	0	D
Non-qualified Stock Option (Right to Buy)	$181.23(3)	10/30/2026		M			4,889(3)	(4)	06/22/2033	Common Stock	4,889	$0	4,890	D
Non-qualified Stock Option (Right to Buy)	$230.59(3)	10/30/2026		M			3,524(3)	(4)	06/27/2034	Common Stock	3,524	$0	7,048	D
Non-qualified Stock Option (Right to Buy)	$176.07(3)	10/30/2026		M			5,100(3)	(4)	06/26/2035	Common Stock	5,100	$0	15,303	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.47 to $317.13, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.40 to $316.4550, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

3. 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.

4. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.

	/s/ Tracy B. Brightman	10/30/2026
	** 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)