FedEx (NYSE: FDX) CEO exercises options, covers taxes with withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FedEx Corp President and CEO Rajesh Subramaniam exercised non-qualified stock options and used company stock to cover the exercise price and related taxes. On April 20, 2026, he exercised options for 9,185 shares at $261.78 and 12,120 shares at $207.305 per share.
The issuer withheld 15,984 shares at $392.445 to pay the option exercise price and required tax withholdings under FedEx’s 2010 Omnibus Stock Incentive Plan, a non‑market transaction. After these moves, he directly holds 91,092 FedEx shares and indirectly holds 43,032 shares through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,305 shares exercised/converted
Mixed
6 txns
Insider
Subramaniam Rajesh
Role
President/CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) | 12,120 | $0.00 | -- |
| Exercise | Non-qualified Stock Option (Right to Buy) | 9,185 | $0.00 | -- |
| Exercise | Common Stock | 12,120 | $207.31 | $2.51M |
| Exercise | Common Stock | 9,185 | $261.78 | $2.40M |
| Tax Withholding | Common Stock | 15,984 | $392.445 | $6.27M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 97,891 shares (Direct, null);
Common Stock — 43,032 shares (Indirect, By Family Trust)
Footnotes (1)
- 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 and required tax withholdings in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.
Key Figures
Options Exercised: 21,305 shares
Strike Price 1: $261.78/share
Strike Price 2: $207.305/share
+3 more
6 metrics
Options Exercised
21,305 shares
Common stock acquired via option exercises on April 20, 2026
Strike Price 1
$261.78/share
Exercise price for 9,185 non-qualified stock options
Strike Price 2
$207.305/share
Exercise price for 12,120 non-qualified stock options
Shares Withheld for Taxes
15,984 shares at $392.445
Shares withheld to pay exercise price and required tax withholdings
Direct Holdings After
91,092 shares
FedEx common stock directly owned after April 20, 2026 transactions
Indirect Holdings After
43,032 shares
FedEx common stock held via family trust after transactions
Key Terms
Non-qualified Stock Option (Right to Buy), net exercise, 2010 Omnibus Stock Incentive Plan, tax-withholding disposition
4 terms
Non-qualified Stock Option (Right to Buy) financial
"security_title: "Non-qualified Stock Option (Right to Buy)""
net exercise financial
"Represents the number of shares withheld by the Issuer as a result of the net exercise of stock options"
2010 Omnibus Stock Incentive Plan financial
"in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did FedEx (FDX) CEO Rajesh Subramaniam do in this Form 4 filing?
Rajesh Subramaniam exercised non-qualified stock options for 21,305 FedEx shares and paid the exercise price and taxes using 15,984 withheld shares. These are compensation-related, structured transactions rather than open-market purchases or sales of FedEx common stock.
How many FedEx (FDX) options did the CEO exercise and at what prices?
He exercised options covering 9,185 shares at $261.78 and 12,120 shares at $207.305. These option exercises converted derivative awards into FedEx common stock as part of his compensation, without indicating open-market buying activity.
What is the role of the FedEx 2010 Omnibus Stock Incentive Plan in this Form 4?
The 2010 Omnibus Stock Incentive Plan governs the stock options Subramaniam exercised and the share withholding. FedEx used 15,984 shares under this plan to cover the option exercise price and required tax withholdings associated with his compensation.
Are the CEO’s FedEx (FDX) option exercises part of a vesting schedule?
A footnote explains these options vest ratably over four years from grant and are first exercisable one year after grant. The April 20, 2026 exercises reflect use of vested options under those plan terms, not a newly granted award.