Form 4: FedEx EVP Robert Carter Executes Stock Option and Sells Shares
SEC Form 4 Filing
FedEx EVP and Chief Information Officer Robert Carter exercised stock options and sold shares of FedEx stock on June 28, 2024.
Summary
- Robert B. Carter, EVP and Chief Information Officer of FedEx Corp, executed a transaction involving FedEx common stock on June 28, 2024.
- Carter exercised non-qualified stock options to acquire 16,010 shares at a price of $180.82 per share.
- Simultaneously, Carter sold 16,010 shares at a price of $294.48 per share.
- Following these transactions, Carter directly owns 59,884 shares of FedEx common stock.
- Carter also indirectly owns 2,946 shares through his wife.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's common for executives to exercise stock options and sell a portion of the acquired shares for personal financial management.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of stock option exercise and stock sale. |
| 06/08/2025 | Expiration date of the non-qualified stock options. |
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