Form 4: FedEx COO Richard W. Smith Reports Stock Transactions
SEC Form 4 Filing
Richard W. Smith, COO of FedEx, reports multiple transactions involving FedEx common stock, including acquisitions, disposals, and option exercises.
Summary
- On January 2, 2025, Richard W. Smith acquired 23,516 shares of FedEx common stock.
- On January 7, 2025, Smith exercised options to acquire 3,220 shares at $180.82 per share.
- Also on January 7, 2025, Smith disposed of 2,576 shares at a weighted average price of $276.9307.
- Additional disposals and acquisitions were made on January 7 and 8, 2025, involving family trusts and Smith's wife.
- Following these transactions, Smith directly owns 111,886 shares and indirectly owns 80,200 shares through family trusts and 130 shares through his wife.
- Smith also holds non-qualified stock options for 3,220 shares, exercisable from June 8, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Comparison to Industry Standards
- Form 4 filings are a regulatory requirement for corporate insiders in the US, ensuring transparency in stock transactions.
- Similar filings are made by executives at companies like UPS and DHL, providing insights into their trading activities.
- The reported transactions are typical for executives who receive stock options as part of their compensation.
Stakeholder Impact
- The transactions may influence investor perception of FedEx stock.
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Acquisition of 23,516 shares of common stock. |
| 01/07/2025 | Exercise of stock options for 3,220 shares at $180.82. |
| 01/07/2025 | Disposal of 2,576 shares at a weighted average price of $276.9307. |
| 01/07/2025 | Various acquisitions and disposals involving family trusts and Smith's wife. |
| 01/08/2025 | Additional acquisitions and disposals involving family trusts and Smith's wife. |
| 01/09/2025 | Date of signature on the Form 4. |
| 06/08/2025 | Date from which the non-qualified stock options are exercisable. |
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