FedEx CEO granted RSUs and stock options

Subramaniam Rajesh reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Subramaniam Rajesh reported acquisition or exercise transactions in this Form 4 filing.

FedEx Corp President and CEO Rajesh Subramaniam reported new equity awards and updated his share holdings. He received a grant of 14,591 restricted stock units, each convertible into one FedEx common share as they vest over three years and accrue dividend equivalents. He was also granted 10,999 non-qualified stock options with a strike price of $323.62 per share, vesting ratably over three years and expiring in 2036. Following these awards, he directly holds 105,683 FedEx shares, and a family trust indirectly holds 43,032 additional shares.

Insider Trade Summary

Grant/Award: 25,590 shares

Grant/Award 3 txns

Insider Subramaniam Rajesh

Role President/CEO

Type	Security	Shares	Price	Value
Grant/Award	Non-qualified Stock Option (Right to Buy)	10,999	$0.00	$0.00
Grant/Award	Common Stock	14,591	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 10,999 contracts (Direct); Common Stock — 105,683 shares (Direct); Common Stock — 43,032 shares (Indirect, By Family Trust)

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 size: 14,591 RSUs Option grant size: 10,999 options Option strike price: $323.62 per share +3 more

6 metrics

RSU grant size 14,591 RSUs Granted to CEO; each RSU equals one FedEx common share upon vesting

Option grant size 10,999 options Non-qualified stock options granted to CEO on common stock

Option strike price $323.62 per share Conversion or exercise price for non-qualified stock options

Option expiration June 25, 2036 Expiration date of the non-qualified stock options

Direct shares after grant 105,683 shares FedEx common stock directly owned by CEO after reported transactions

Family trust shares 43,032 shares FedEx common stock held indirectly through a family trust

Key Terms

restricted stock units ("RSUs"), dividend equivalents, Non-qualified Stock Option (Right to Buy), 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 on shares..."

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 (Right to Buy) financial

"security_title: "Non-qualified Stock Option (Right to Buy)""

vest ratably financial

"These options vest ratably over three years from the date of grant..."

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

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

What did FedEx (FDX) CEO Rajesh Subramaniam report in this Form 4?

FedEx CEO Rajesh Subramaniam reported new equity compensation awards. He received restricted stock units and stock options, and the filing updates both his direct share ownership and indirect holdings through a family trust in FedEx common stock.

How many FedEx (FDX) restricted stock units were granted to the CEO?

Rajesh Subramaniam received 14,591 restricted stock units. Each RSU represents one FedEx common share upon vesting, with the units vesting ratably on the first through third anniversaries and accruing dividend equivalents when FedEx pays common stock dividends.

What stock options did the FedEx (FDX) CEO receive in this filing?

He was granted 10,999 non-qualified stock options with a conversion price of $323.62 per share. These options vest ratably over three years from the grant date and are first exercisable one year after the grant, expiring in 2036.

How many FedEx (FDX) shares does the CEO own after these transactions?

After the reported grants, Rajesh Subramaniam directly owns 105,683 FedEx common shares. In addition, a family trust indirectly holds 43,032 FedEx shares, as reflected in the holding entry described in the Form 4 data.

Are the new FedEx (FDX) CEO stock awards open-market purchases or compensation?

The reported transactions are compensation-related equity awards. They are classified as grants or awards of restricted stock units and non-qualified stock options, not open-market purchases or sales of FedEx common stock by the CEO.

How do the FedEx (FDX) CEO RSUs vest and what are dividend equivalents?

The RSUs vest in three equal annual installments on the first through third anniversaries of grant. They also accrue dividend equivalents, meaning additional units or cash amounts tied to dividends FedEx pays on its common stock during the vesting period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/26/2026 - 04:46 PM EDT

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^*

Subramaniam Rajesh

(Last)

(First)

(Middle)

942 S 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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President/CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/25/2026		A		14,591⁽¹⁾	A	$0	105,683	D
Common Stock								43,032	I	By Family Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-qualified Stock Option (Right to Buy)	$323.62	06/25/2026		A		10,999		⁽²⁾	06/25/2036	Common Stock	10,999	$0	10,999	D

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.

2. These options vest ratably over three years from the date of grant and are first exercisable one year from date of grant.

	/s/ Rajesh Subramaniam	06/26/2026
	** 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)

Source: View Original Filing on SEC EDGAR