FedEx interim CFO granted stock and options
FEDEX CORP interim CFO and interim CAO Claude F. Russ received equity compensation in the form of company stock and options.
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Form Type
4
Rhea-AI Filing Summary
FEDEX CORP interim CFO and interim CAO Claude F. Russ received equity compensation in the form of company stock and options. He acquired 1,635 shares of common stock as a grant of restricted stock units, which vest in three equal annual installments and include dividend equivalents. He also received a grant of 792 non-qualified stock options to buy common shares at an exercise price of $323.62 per share, vesting ratably over three years and first exercisable one year from the grant date. Following these awards, his directly held common stock position is 5,177 shares, and he holds 792 options to purchase additional shares.
Insider Trade Summary
Grant/Award: 2,427 shares
Grant/Award
2 txns
Insider
Russ Claude F
Role
Interim CFO & Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 792 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,635 | $0.00 | $0.00 |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 792 contracts (Direct);
Common Stock — 5,177 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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: 1,635 shares
Shares owned after grant: 5,177 shares
Option grant size: 792 options
+3 more
6 metrics
RSU grant
1,635 shares
Restricted stock units granted on June 25, 2026
Shares owned after grant
5,177 shares
Common stock directly held after RSU award
Option grant size
792 options
Non-qualified stock options granted on June 25, 2026
Option exercise price
$323.62 per share
Conversion or exercise price for new options
Option expiration
June 25, 2036
Expiration date for non-qualified stock options
Underlying option shares
792 shares
Common shares underlying the new options
Key Terms
restricted stock units ("RSUs"), dividend equivalents, Non-qualified Stock Option, 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 ratably ... 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.
Non-qualified Stock Option financial
"Non-qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
vest ratably financial
"The RSUs vest ratably on the first through third anniversaries of the grant date"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did FedEx (FDX) interim CFO Claude Russ receive?
Claude Russ received a grant of 1,635 restricted stock units and 792 non-qualified stock options. The RSUs convert into common shares upon vesting, while the options allow him to buy FedEx stock at a fixed exercise price over time.
How do the new restricted stock units for FedEx (FDX) interim CFO vest?
The 1,635 restricted stock units vest ratably over three years, on the first, second, and third anniversaries of the grant date. Each vested RSU delivers one FedEx common share and accrues dividend equivalents when dividends are paid.
What are the terms of the stock options granted to the FedEx (FDX) interim CFO?
The interim CFO received 792 non-qualified stock options with an exercise price of $323.62 per share. These options vest ratably over three years and are first exercisable one year after the grant date, expiring on June 25, 2036 if not exercised.
Are the FedEx (FDX) interim CFO’s new RSUs the same as common stock?
The RSUs are not shares until they vest; each represents a right to receive one FedEx common share at vesting. They also earn dividend equivalents, aligning their economic value with common stock over the vesting period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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