ADAMS GINA F. 4
Research Summary
AI-generated summary
FedEx (FDX) EVP Gina Adams Receives RSU Award
What Happened
- Gina F. Adams, Executive Vice President, General Counsel and Secretary of FedEx Corporation (FDX), was granted a total of 8,301 restricted stock units (RSUs) on 2026-06-25: 4,734 RSUs (direct award) and 3,567 RSUs recorded as a derivative acquisition. The grants were reported at $0 cost (typical for RSU awards, which convert to shares upon vesting).
Key Details
- Transaction date: 2026-06-25; Form 4 filed 2026-06-26 (appears timely; Form 4s are due within two business days for officers).
- Shares/units: 4,734 RSUs (direct) + 3,567 RSUs (derivative) = 8,301 total RSUs; reported transaction price $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — these are RSUs that convert to one share each upon vesting, vest ratably on the first through third anniversaries and accrue dividend equivalents. F2 — describes option vesting rules (vest ratably over three years; first exercisable after one year) but does not apply to the RSU awards shown here.
- Filing status: no late filing indicated in the data provided.
Context
- RSU awards are standard long-term equity compensation for executives; they are not purchases or sales and only become company stock if/when they vest. The derivative-designated RSUs simply indicate a contingent right to shares upon vesting rather than an immediate share transfer. These grants do not, by themselves, indicate buying or selling sentiment.