Carere Brie 4
Research Summary
AI-generated summary
FedEx (FDX) EVP Carere Brie Receives RSU Award
What Happened
- Carere Brie, Executive Vice President and Chief Customer Officer of FedEx Corp (FDX), received two grants on 2026-06-25 totaling 8,301 restricted stock units: 4,734 RSUs and 3,567 RSUs (reported as a derivative award). Each was granted at a $0 per-share acquisition price (standard for RSU awards).
Key Details
- Transaction date: 2026-06-25; Form 4 filed 2026-06-26 (appears timely).
- Grants: 4,734 RSUs + 3,567 RSUs = 8,301 RSUs; reported acquisition price $0.00.
- Footnote F1: These are RSUs — each RSU converts to one share upon vesting, vesting ratably on the first through third anniversaries, and they accrue dividend equivalents when FedEx pays dividends.
- Footnote F2 (included in filing) describes option vesting but does not apply to these reported RSU grants.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- RSU grants are compensation awards, not open-market purchases or sales; they do not represent an immediate buy/sell signal. The recipient must wait for vesting (over three years) to receive actual shares. Derivative label here simply reflects that the RSUs are a right to future shares.