FedEx (NYSE: FDX) insider exercises 5,042 options, shares withheld
Rhea-AI Filing Summary
FEDEX CORP (FDX) director Marvin R. Ellison reported an option exercise and related share withholding. On 2026-08-28 he exercised 5,042 stock options at an exercise price of $137.85 per share, acquiring 5,042 shares of common stock. On the same date, 2,097 shares of common stock were withheld by FedEx to pay the option exercise price in accordance with FedEx's 2010 Omnibus Stock Incentive Plan. The exercised option grant now shows 0 derivative shares remaining. A footnote states that earlier, Ellison’s ownership had been adjusted to reflect 11 shares acquired via dividend reinvestment, and that his stock options were adjusted in connection with FedEx’s June 1, 2026 spin-off of FedEx Freight Holding Company, Inc. to preserve the awards’ intrinsic value.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,945 shares
Net Buy
3 txns
Insider
Ellison Marvin R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3, F4 | 5,042 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,042 | $137.85 | $695K |
| Exercise Price Payment | Common Stock F2 | 2,097 | $331.445 | $695K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 11,806 shares (Direct)
Footnotes (4)
- F1. Ownership has been adjusted to reflect 11 shares that were acquired via dividend reinvestment as a result of dividends paid to all shareholders.
- F2. 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 in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan.
- 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 issuer's omnibus stock incentive plan to preserve the intrinsic value of the awards.
- F4. These options first exercisable one year from date of grant.
Key Figures
Options exercised: 5,042 shares
Option exercise price: $137.85 per share
Shares acquired from exercise: 5,042 shares
+5 more
8 metrics
Options exercised
5,042 shares
Stock options exercised into FedEx common stock on 2026-08-28
Option exercise price
$137.85 per share
Conversion or exercise price for 5,042 stock options
Shares acquired from exercise
5,042 shares
FedEx common stock received upon exercising stock options
Shares withheld to pay exercise price
2,097 shares
Common shares withheld by FedEx to pay the option exercise price
Price for withheld shares
$331.445 per share
Per-share value used for 2,097 withheld shares (code F transaction)
Option expiration date
2026-09-26
Expiration date of the exercised stock option grant
Dividend reinvestment adjustment
11 shares
Additional shares acquired via dividend reinvestment reflected in ownership
Spin-off date
June 1, 2026
Date of FedEx Freight Holding Company, Inc. spin-off referenced in option adjustment
Key Terms
net exercise, omnibus stock incentive plan, spin off, intrinsic value
4 terms
net exercise financial
"number of shares withheld by the Issuer as a result of the net exercise of stock options"
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
omnibus stock incentive plan financial
"used to pay the exercise price in accordance with the FedEx's 2010 Omnibus Stock Incentive Plan"
spin off financial
"In connection with the issuer's spin off of FedEx Freight Holding Company, Inc."
A spin-off is when a company separates one part of its operations into a new, independent company and distributes shares of that new business to existing shareholders. Think of it like a parent splitting a large household into two smaller homes so each can manage its own budget and goals. Investors watch spin-offs because they can reveal hidden value, change growth and risk profiles, and create separate investment choices that may trade at different prices than the original company.
intrinsic value financial
"adjusted pursuant to the issuer's omnibus stock incentive plan to 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.
FAQ
What did Marvin R. Ellison report in this Form 4 for FDX?
Marvin R. Ellison reported exercising 5,042 stock options for FedEx common stock at an exercise price of $137.85 per share and acquiring 5,042 shares, with 2,097 shares withheld by FedEx to pay the exercise price.
How many FedEx (FDX) options did Ellison exercise and at what price?
Ellison exercised 5,042 stock options for FedEx common stock at an exercise price of $137.85 per share, converting them into 5,042 shares of common stock.
Were Marvin R. Ellison’s FedEx (FDX) options affected by the Freight spin-off?
Yes. A footnote states Ellison’s outstanding stock options were adjusted in connection with FedEx’s June 1, 2026 spin-off of FedEx Freight Holding Company, Inc. to preserve the intrinsic value of the awards.
Does this FedEx (FDX) Form 4 involve a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnotes do not indicate that these transactions were made under a trading plan.
What happened to Ellison’s exercised FedEx (FDX) option position after the transaction?
The derivative position corresponding to this grant now shows 0 options remaining after the exercise of 5,042 options on 2026-08-28.
AI-generated analysis. How Rhea-AI works. Not financial advice.
