Form 4: FedEx Executive Sells Shares in Recent Transaction
SEC Form 4 Filing
Sriram Krishnasamy, EVP CTO & CEO Dataworks at FedEx Corp, disposed of 354 shares of common stock at a price of $289.19 on March 28, 2024.
Summary
- On March 28, 2024, Sriram Krishnasamy, an executive at FedEx Corp, reported a transaction involving the company's common stock.
- Krishnasamy disposed of 354 shares at a price of $289.19 per share.
- Following the transaction, Krishnasamy directly owns 11,147 shares of FedEx Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure. The sentiment is neutral as it simply reports a stock sale by an executive.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of the transaction: Sriram Krishnasamy disposed of 354 shares of FedEx Corp common stock. |
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