MARTIN R BRAD 4

What Happened

• Martin R. Brad, Executive Chairman and Director of FedEx Corp (FDX), was granted 8,711 restricted stock units (RSUs) on June 25, 2026. The award is reported at $0 acquisition price because RSUs are compensation units that convert into shares only upon vesting. This is a grant of equity compensation rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-06-25 — Grant/award (code A) of 8,711 RSUs at $0.00 reported.
• Vesting: RSUs vest ratably on the first through third anniversaries of the grant date (per filing footnote).
• Dividend treatment: RSUs will accrue dividend equivalents when dividends are paid on FedEx common stock.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Filing timing: Report filed 2026-06-26 for a 2026-06-25 grant (appears timely based on the reported dates).

Context

• RSUs are a form of compensation that give the recipient a right to receive shares upon vesting; they do not represent immediate share ownership or an open-market purchase. Taxable events and actual share ownership typically occur when the RSUs vest and shares are delivered. Grants like this are common for executives as part of long-term incentive pay and should be viewed as compensation rather than a direct bullish/insider purchase signal.