EDMUNDS MARK A 4

What Happened
Mark A. Edmunds, a director of FedEx Corporation (FDX), received a grant of 187 restricted stock units (RSUs) on 2026-06-25. The reported acquisition price was $0.00 (award); no cash was paid. These RSUs are awards, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-25 (Form 4 filed 2026-06-26; reporting appears timely).
• Transaction code: A (award/grant). Price: $0.00 (award). Shares involved: 187 RSUs.
• Shares owned after transaction: not stated in the provided filing excerpt.
• Footnote: RSUs vest on the date of the next FedEx annual stockholders' meeting and accrue dividend equivalents when dividends are paid, per the Restricted Stock Unit Agreement for Non-Management Directors.
• This is director compensation (routine grant), not a purchase or sale; no 10b5-1 or tax-withholding details were provided in the excerpt.

Context
RSUs are a form of deferred equity compensation: they convert into shares only when they vest (here, at the next annual meeting) and typically cannot be sold until that time. Dividend equivalents mean the award tracks dividends while unvested. Such grants are common for non-management directors and should be viewed as compensation rather than an immediate market sentiment signal.