Talwar Vishal 4

What Happened

• Vishal Talwar, EVP, CDIO & President FDW at FedEx (FDX), received grants on 2026-06-25 totaling 8,301 award units: 4,734 restricted stock units (RSUs) and 3,567 derivative awards/options. Each grant was recorded at $0.00 (no cash purchase).

Key Details

• Transaction date: 2026-06-25; Form 4 filed 2026-06-26 (timely).
• Grants: 4,734 RSUs (Footnote F1) and 3,567 derivative awards/options (Footnote F2).
• Total units granted: 8,301; aggregate purchase price $0.00 (award/grant).
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes:
  • F1: RSUs — each RSU converts to one share on vesting; vest ratably on the first through third anniversaries and accrue dividend equivalents.
  • F2: Options/derivative awards — vest ratably over three years and are first exercisable one year from grant date.
• No 10b5-1 plan, tax-withholding sale, or late filing noted in the provided information.

Context

• These are compensation grants, not open-market purchases or sales. RSUs and time-vesting options are typical executive compensation and generally vest over multiple years, so they do not represent an immediate market buy or sell. The RSUs include dividend equivalents; the derivative awards will only convert to shares or become exercisable according to the vesting schedule described in F2.