FDX Insider Filing: Martin Adds Shares and Receives 18,738 Options
Rhea-AI Filing Summary
R. Brad Martin, Executive Chairman and Director of FedEx Corp (FDX), reported insider transactions on 09/29/2025. He acquired 6,401 common shares with no cash price reported and now directly beneficially owns 15,348 shares. Several indirect holdings are reported: 55,000 shares via GRATs, 7,250 via R. Brad Martin Family Foundation, 2,100 via spouse, and three child trusts holding 750 shares each.
He was also granted 18,738 non-qualified stock options at a $236.885 exercise price on 09/29/2025; the options vest ratably over four years and are first exercisable one year after the grant per the explanation. Ownership was adjusted for 12 shares from dividend reinvestment.
Positive
- Grant of 18,738 non-qualified stock options at a disclosed exercise price of $236.885 supports long-term alignment with shareholders
- Acquisition of 6,401 common shares increasing direct ownership to 15,348 shares
- Detailed disclosure of indirect holdings (55,000 by GRATs; 7,250 by family foundation; 2,100 by spouse; three child trusts of 750 each) enhances transparency
- Dividend reinvestment adjusted ownership by 12 shares, reflecting routine shareholder activity
Negative
- None.
Insights
TL;DR: Insider received a meaningful option grant and purchased shares, increasing direct and indirect holdings without cash proceeds disclosed for the share acquisition.
The Form 4 shows a grant of 18,738 non-qualified stock options at a $236.885 strike and an acquisition of 6,401 common shares on 09/29/2025. The options vest ratably over four years and are first exercisable one year after grant, which aligns management retention practices. Reported indirect holdings via GRATs, a family foundation, spouse, and child trusts indicate concentrated founder-family ownership structures remain in place.
TL;DR: Grant and purchases are routine insider compensation and ownership maintenance; disclosure is complete on sources of indirect ownership.
The filing discloses both direct and multiple forms of indirect beneficial ownership, including trusts and a family foundation, which is important for transparency. The option grant terms (strike price $236.885, 18,738 options, four-year vesting with one-year cliff) are disclosed and accompanied by a dividend reinvestment adjustment of 12 shares. No departures, forfeitures, or exercised-for-cash transactions are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 18,738 | $0.00 | -- |
| Grant/Award | Common Stock | 6,401 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Ownership has been adjusted to reflect 12 shares that were acquired via dividend reinvestment as a result of dividends paid to all shareholders. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.
