FedEx grants interim CFO Claude F. Russ 479 stock units

The RSUs vest ratably on the first through third grant anniversaries and accrue dividend equivalents when common-stock dividends are paid.

Available on EDGAR 11/03/2026 - 04:55 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:54 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

FedEx Corp interim CFO & interim CAO Claude F. Russ received a grant of 479 restricted stock units on November 1, 2026. Each unit represents the right to receive one share of FedEx common stock upon vesting; the units vest ratably on the first through third anniversaries of the grant date and accrue dividend equivalents when a dividend is paid. The reported direct position following the grant was 5,656 shares.

Insider Trade Summary

Grant/Award: 479 shares

Grant/Award 1 txn

Insider Russ Claude F

Role Interim CFO & Interim CAO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	479	$0.00	$0.00

Holdings After Transaction: Common Stock — 5,656 shares (Direct)

Footnotes (1)

1. 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.

Key Figures

RSUs granted: 479 restricted stock units Post-transaction position: 5,656 shares Shares per RSU: 1 share +1 more

4 metrics

RSUs granted 479 restricted stock units Grant on November 1, 2026

Post-transaction position 5,656 shares Reported direct position following the grant

Shares per RSU 1 share Each RSU represents a right to receive one share upon vesting

Vesting schedule First through third anniversaries RSUs vest ratably from the grant date

Key Terms

restricted stock units, vest ratably, dividend equivalents

3 terms

restricted stock units financial

"Represents a grant of 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.

vest ratably financial

"The RSUs vest ratably on the first through third anniversaries"

dividend equivalents financial

"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.

FAQ

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

How many RSUs did FDX interim CFO Claude F. Russ receive?

Claude F. Russ received a grant of 479 restricted stock units on November 1, 2026. Each RSU represents the right to receive one share of FedEx common stock upon vesting. His reported direct position following the grant was 5,656 shares.

How do FDX's RSUs vest and handle dividends?

The RSUs vest ratably on the first through third anniversaries of the grant date and accrue dividend equivalents when a dividend is paid on FedEx common stock.

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^*

Russ Claude F

(Last) (First) (Middle)

942 SOUTH 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)
	Interim CFO & Interim CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

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	11/01/2026		A		479(1)	A	$0	5,656	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

Explanation of Responses:

1. 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.

	/s/ Alana L. Griffin, Attorney-in-Fact for Claude F. Russ	11/03/2026
	** 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)