Brightman Tracy B 4

What Happened Tracy B. Brightman, Executive Vice President and Chief People Officer of FedEx Corp. (FDX), received equity awards on 2026-06-25: 4,734 restricted stock units (RSUs) and 3,567 derivative awards (stock option–style awards). Both grants were reported on a Form 4 filed 2026-06-26. The reported acquisition price for both items is $0.00, as these are compensation grants rather than open-market purchases.

Key Details

• Transaction date: 2026-06-25; Form 4 filed: 2026-06-26 (timely filing).
• Awards: 4,734 RSUs (F1) and 3,567 derivative/options-style awards (F2); acquisition price $0.00.
• Vesting: RSUs vest ratably on the first through third anniversaries of the grant; derivative/options vest ratably over three years and are first exercisable one year from grant (per footnotes).
• Dividend equivalents: RSUs accrue dividend equivalents when FedEx pays dividends (per F1).
• Shares owned after transaction: Not disclosed in the summary data provided.
• No sale, tax-withholding, 10b5-1 plan, or late-filing flags noted in the filing.

Context These transactions are grants of compensation (awards), not purchases or sales — common for senior executives as part of pay and retention programs. RSUs convert to shares upon vesting and typically signal long-term alignment with shareholders; the derivative/options awards provide the right to acquire shares subject to vesting and exercise rules. There is no indication in the filing that any shares were sold or that the grants were part of a non-routine trading plan.