ADAMS GINA F. 4/A

What Happened Gina F. Adams, Executive Vice President, General Counsel and Secretary of FedEx Corp (FDX), received a grant of 3,478 stock options on June 25, 2026. The award is reported as a derivative grant at a $0.00 per-share report price (i.e., an option award, not an open‑market purchase or sale). The Form 4 was amended to correct the number of options originally reported.

Key Details

• Transaction date: June 25, 2026; Form 4 originally filed June 26, 2026 and amended (Form 4/A) filed July 2, 2026 to correct the option count.
• Grant amount: 3,478 stock options; reported price $0.00 (derivative award).
• Vesting: Options vest ratably over three years and are first exercisable one year after the grant date (per filing footnote).
• Shares owned after transaction: not specified in the provided excerpt—see the full Form 4/A for total beneficial ownership.
• Footnote correction: the amendment states the original filing misstated the number of options due to a Black‑Scholes valuation miscalculation.

Context This was an option grant (award), not an immediate purchase or sale. Option grants give the holder the right to buy shares in the future subject to vesting and exercise terms; they do not represent an immediate change in market exposure unless exercised and sold later. The amendment corrects reporting accuracy but does not, by itself, change the nature of the grant.