MARTIN R BRAD 4

What Happened

• Martin R. Brad, Executive Chairman and Director of FedEx Corp (FDX), was granted 4,153 shares (reported as acquired at $0.00) on March 23, 2026. The filing lists the grant as an award/acquisition; a footnote clarifies these are options that vest ratably over four years and become first exercisable one year from the grant date. The filing also notes 16,560 shares that had been held in the reporting person’s GRAT were distributed to him on January 28, 2026 and are now owned directly.

Key Details

• Transaction date: 2026-03-23; reported price per share: $0.00; amount: 4,153 (aggregate reported value $0).
• Vesting/exercise: Footnote indicates options vest ratably over 4 years and are first exercisable one year after grant.
• Additional ownership note: Footnote shows 16,560 shares were distributed from a GRAT to the reporting person on 2026-01-28 and are now held directly.
• Filing date/accession: Form filed 2026-03-23 (no late filing indicated in the provided data).

Context

• This was an award/grant (not an open-market purchase or sale). For derivative awards like these options, the grant itself does not involve immediate cash proceeds or sales; exercise and sale would be separate future transactions. Grants to executives are common as part of compensation and do not, by themselves, reveal the insider’s personal market view.