FedEx EVP exercises options, sells 16,959 shares
FedEx Corp EVP and Chief People Officer Tracy B. Brightman reported option exercises and stock sales.
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Form Type
4
Rhea-AI Filing Summary
FedEx Corp EVP and Chief People Officer Tracy B. Brightman reported option exercises and stock sales. She exercised non-qualified stock options for a total of 11,865 shares of FedEx common stock at exercise prices of $229.5950, $292.1300 and $294.6050 per share.
On the same date, she sold 16,959 shares in open-market transactions at weighted average prices ranging from $363.13 to $363.77 per share, according to the footnotes. After these transactions, she directly owns 11,052 shares of FedEx common stock.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Brightman Tracy B
Role
EVP - Chief People Officer
Sold
16,959 shs ($6.16M)
Approx. gross sale proceeds
$6.16M
Approx. exercise cost
$2.99M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) | 1,365 | $0.00 | $0.00 |
| Exercise | Non-qualified Stock Option (Right to Buy) | 7,719 | $0.00 | $0.00 |
| Exercise | Non-qualified Stock Option (Right to Buy) | 2,781 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,365 | $294.61 | $402K |
| Exercise | Common Stock | 7,719 | $229.60 | $1.77M |
| Sale | Common Stock | 9,084 | $363.609 | $3.30M |
| Sale | Common Stock | 5,094 | $363.3284 | $1.85M |
| Exercise | Common Stock | 2,781 | $292.13 | $812K |
| Sale | Common Stock | 2,781 | $363.30 | $1.01M |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 16,064 contracts (Direct);
Common Stock — 11,052 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.60 to $363.77, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.13 to $363.59, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.
Key Figures
Options exercised: 11,865 shares
Shares sold: 16,959 shares
Post-transaction holdings: 11,052 shares
+5 more
8 metrics
Options exercised
11,865 shares
Total derivative shares exercised on April 15, 2026
Shares sold
16,959 shares
Total FedEx common shares sold in open-market transactions
Post-transaction holdings
11,052 shares
FedEx common stock directly owned after all reported trades
Option exercise price
$229.5950/share
Exercise price for one non-qualified stock option grant
Option exercise price
$292.1300/share
Exercise price for another non-qualified stock option grant
Option exercise price
$294.6050/share
Exercise price for a non-qualified stock option grant expiring 2031
Sale price range
$363.60–$363.77
Weighted-average sale range for one trade group (footnote F1)
Sale price range
$363.13–$363.59
Weighted-average sale range for another trade group (footnote F2)
Key Terms
Non-qualified Stock Option, open-market sale, weighted average price, derivative exercise/conversion, +1 more
5 terms
Non-qualified Stock Option financial
"security_title: "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.
open-market sale financial
"transaction_action: "open-market sale" for common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"footnote: "The price reported in Column 4 is a weighted average price""
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for option transactions"
direct ownership financial
"ownership_type and ownership_code both indicate direct ownership ("D")"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FedEx (FDX) executive Tracy Brightman report?
Tracy B. Brightman reported exercising non-qualified stock options for 11,865 FedEx shares and selling 16,959 common shares in open-market trades. All transactions occurred on April 15, 2026, and were reported as routine derivative exercises followed by sales.
What stock options did Tracy Brightman exercise in this FedEx (FDX) Form 4?
She exercised non-qualified stock options covering 11,865 shares of FedEx common stock. The options had exercise prices of $229.5950, $292.1300 and $294.6050 per share, with expiration dates in June 2031, June 2033 and June 2034 respectively, as disclosed in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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