FedEx chair awarded 8,711 RSUs in Form 4
MARTIN R BRAD reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MARTIN R BRAD reported acquisition or exercise transactions in this Form 4 filing.
FedEx Corp Executive Chairman R. Brad Martin reported an equity compensation grant and updated his holdings. He received 8,711 restricted stock units (RSUs), each convertible into one FedEx common share at no cash cost, vesting in equal installments on the first, second, and third anniversaries of the grant date. These RSUs also accrue dividend equivalents when FedEx pays dividends, effectively mirroring cash dividends on common stock as they vest. Following this award, Martin directly holds 49,550 shares of FedEx common stock and also has additional indirect holdings through various family trusts, a family foundation, GRATs, and shares held by his spouse, reflecting a mix of direct and indirect long-term ownership rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,711 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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
Key Terms
restricted stock units ("RSUs") financial
dividend equivalents financial
GRATs financial
grant, award, or other acquisition financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FedEx (FDX) Executive Chairman R. Brad Martin report in this Form 4?
How do the 8,711 RSUs granted to R. Brad Martin at FedEx (FDX) vest?
Do the RSUs granted to FedEx (FDX) Executive Chairman R. Brad Martin pay dividends?
What indirect FedEx (FDX) holdings are associated with R. Brad Martin in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.