Research Summary
AI-generated summary of this SEC filing
FedEx (FDX) EVP Talwar Vishal Receives RSU Award
What Happened
- Talwar Vishal, EVP CDIO & President FDW of FedEx Corp (FDX), was granted 1,489 restricted stock units (RSUs) on August 17, 2026. The Form 4 reports an acquisition (award) of 1,489 RSUs at $0.00 per share (reported acquisition value $0). This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-17; Filing date: 2026-08-18 (filed next day — within typical Form 4 timing rules).
- Security: 1,489 RSUs granted; reported price $0.00; reported acquisition value $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — Each RSU represents a right to receive one share upon vesting; RSUs vest ratably on the first through third anniversaries of the grant date and accrue dividend equivalents when dividends are paid on FedEx common stock.
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding sale, or late-filing indication shown in the excerpt.
Context
- RSUs are deferred equity compensation: they convert to company shares only when they vest and generally do not require the executive to pay cash up front. Vesting over three years suggests retention-focused compensation. Such awards are common and reflect company compensation practices rather than immediate insider buying or selling.