FEDEX CORP 4
0001048911-26-000062
View on SEC EDGARFedEx Corp EVP Preet Kawal received 4,734 RSUs and 3,567 non-qualified stock options as equity compensation on June 25, 2026.
On June 25, 2026, FedEx Corp EVP - Planning, Engineering & Transformation Preet Kawal received an equity compensation package consisting of 4,734 restricted stock units (RSUs) and 3,567 non-qualified stock options with a strike price of $323.62, both reported as acquisitions at no cost. The RSUs, which represent rights to receive an equivalent number of FedEx common shares, vest ratably over three years on the first through third anniversaries of the grant date and accrue dividend equivalents, while the stock options vest ratably over three years and become first exercisable one year after grant. Based on the current FedEx share price of approximately $317.43, the RSU grant has an estimated current value of about $1.50 million, and the option grant has an approximate intrinsic value of $0 (out-of-the-money) but economic notional value of roughly $1.13 million, increasing the executive’s incentive-aligned equity exposure. Following these awards, Kawal beneficially owns 15,687 shares of FedEx common stock outright and 3,567 RSUs, implying an equity holding currently worth roughly $4.98 million at prevailing prices, excluding the unexercised options.
Filing Facts
- CIK
- 1048911
- Ticker
- FDX
- Form
- 4
- Source Type
- sec
- Accession
- 0001048911-26-000062
- Alert Tier
- 6