FedEx (NYSE: FDX) director receives 187 RSUs as stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FEDEX CORP director Mark A. Edmunds reported an equity award of 187 shares of common stock. The Form 4 shows an acquisition coded as a grant, with no purchase price, bringing his directly held total to 187 shares after the transaction.
According to the footnote, these shares are tied to restricted stock units, which vest on the date of the next FedEx annual stockholders' meeting. The RSUs will also accrue dividend equivalents whenever FedEx pays dividends on its common stock, reflecting a standard form of non-management director compensation rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
EDMUNDS MARK A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 187 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 187 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 187 shares
Price per share: $0.0000
Holdings after award: 187 shares
3 metrics
RSU grant size
187 shares
Restricted stock units awarded to director Mark A. Edmunds
Price per share
$0.0000
Reported transaction price per share for the grant
Holdings after award
187 shares
Total common stock directly held following the transaction
Key Terms
restricted stock units, dividend equivalents, annual stockholders' meeting, Restricted Stock Unit Agreement for Non-Management Directors
4 terms
restricted stock units financial
"These shares are subject to restricted stock units ("RSUs")."
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.
dividend equivalents financial
"The RSUs vest ... 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.
annual stockholders' meeting financial
"The RSUs vest on the date of the next FedEx Corporation annual stockholders' meeting"
Restricted Stock Unit Agreement for Non-Management Directors financial
"as set forth in the form of Restricted Stock Unit Agreement for Non-Management Directors"
FAQ
What insider transaction did FedEx (FDX) disclose for Mark A. Edmunds?
FedEx disclosed that director Mark A. Edmunds received an award of 187 shares of common stock. The transaction is coded as a grant or award, not an open-market purchase, and results in total direct holdings of 187 shares after the transaction.
When do Mark A. Edmunds’ FedEx (FDX) RSUs vest according to the filing?
The RSUs granted to Mark A. Edmunds vest on the date of the next FedEx Corporation annual stockholders’ meeting. Until vesting, they remain restricted stock units, but they accrue dividend equivalents whenever dividends are paid on FedEx common shares, as described in the award agreement.
Do Mark A. Edmunds’ FedEx (FDX) RSUs earn dividend equivalents?
Yes, the RSUs reported for Mark A. Edmunds accrue dividend equivalents when FedEx pays dividends on its common stock. These dividend equivalents follow the terms in the Restricted Stock Unit Agreement for Non-Management Directors, aligning RSU holders’ economic exposure with ordinary shareholders.