Form 4: FedEx EVP Mark Allen Reports Stock Transactions
SEC Form 4 Filing
FedEx EVP and General Counsel Mark Allen reports the exercise of stock options and sale of shares.
Summary
- Mark Allen, EVP and General Counsel/Secretary of FedEx Corp, reported transactions involving FedEx common stock on March 28, 2024.
- Allen exercised options to acquire 4,645 shares at $180.82 and 5,500 shares at $162.82.
- He then sold 10,145 shares at $287.28.
- Following these transactions, Allen directly owns 36,853 shares of FedEx common stock.
- He also indirectly owns 402 shares through a retirement plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock option exercise and stock sale. |
| 06/08/2025 | Expiration date for some non-qualified stock options. |
| 06/06/2026 | Expiration date for some non-qualified stock options. |
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