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FedEx | 4: Statement of changes in beneficial ownership of securities-Officer Smith John Alan

SEC ·  Jun 29 04:39
Summary by Futu AI
John Alan Smith, COO of FedEx Corp's US & Canada operations, was granted 3,527 shares of FedEx Common Stock on June 27, 2024. The transaction, which was completed at no cost to the recipient, increased Smith's direct holdings to 23,347 shares. Additionally, Smith has an indirect ownership of 3,363 shares through The Smith Living Trust. The grant is part of the company's compensation strategy for its executives and is a common practice in the industry to incentivize performance and align the interests of the management with those of the shareholders.
John Alan Smith, COO of FedEx Corp's US & Canada operations, was granted 3,527 shares of FedEx Common Stock on June 27, 2024. The transaction, which was completed at no cost to the recipient, increased Smith's direct holdings to 23,347 shares. Additionally, Smith has an indirect ownership of 3,363 shares through The Smith Living Trust. The grant is part of the company's compensation strategy for its executives and is a common practice in the industry to incentivize performance and align the interests of the management with those of the shareholders.
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