Ray Scott L 4/A
Research Summary
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FedEx (FDX) COO Ray Scott Receives Award of 3,478 Options
What Happened
Ray Scott L, FedEx’s Chief Operating Officer for U.S. & Canada, was granted 3,478 stock options (derivative securities) on June 25, 2026. The reported acquisition price is $0.00 (grant of options rather than a stock purchase). This Form 4/A amends the original Form 4 to correct the number of options previously reported due to a Black‑Scholes valuation miscalculation.
Key Details
- Transaction date: 2026-06-25; Transaction type: Award/Grant (Code A) — 3,478 options granted at $0.00 reported price.
- Vesting/exercise: Options vest ratably over three years and are first exercisable one year from the grant date. (See footnote F2.)
- Amendment: Form 4/A filed 2026-07-02 to correct the option count from the Original Form 4 filed 2026-06-26 (footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Other: This is a compensation grant (not a market purchase or sale); no 10b5‑1 plan, tax withholding, or cashless exercise noted in the provided info.
Context
These are granted stock options (a derivative award) that do not represent immediate ownership of common shares until vested and exercised. Such grants are routine forms of executive compensation and do not necessarily indicate an immediate bullish or bearish signal for the stock.
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