Claude F. Russ, Interim CFO and Interim CAO of FedEx Corp, filed a Form 4 on November 3, 2026, disclosing the acquisition of 479 restricted stock units granted on November 1, 2026, at no cost.

Key Highlights

  • Grant date: November 1, 2026, with 479 RSUs acquired at a price of $0.
  • Vesting schedule: RSUs vest ratably on the first through third anniversaries of the grant date, according to the filing.
  • Dividend equivalents: The RSUs accrue dividend equivalents when a dividend is paid on shares of FedEx common stock.
  • Beneficial ownership: Following the transaction, Russ directly held 5,656 shares of FedEx common stock.
  • Role: The reporting person is identified in the filing as Interim CFO and Interim CAO of FedEx Corp.
  • Signing authority: The form was signed by Alana L. Griffin as Attorney-in-Fact for Claude F. Russ.

RSU Grant Details for FedEx Interim CFO Claude F. Russ

According to the Form 4 filed with the SEC on November 3, 2026, Claude F. Russ, serving as Interim CFO and Interim CAO of FedEx Corp (NYSE:FDX), received a grant of 479 restricted stock units on November 1, 2026. The transaction was coded "A" (acquired) and carried a price of $0, consistent with an equity award rather than an open-market purchase. The filing reports the transaction under Table I - Non-Derivative Securities.

The filing's footnote explains that each RSU represents a right to receive one share of FedEx common stock upon vesting. The units are set to vest ratably on the first, second, and third anniversaries of the grant date. The filing also notes that the RSUs "shall accrue dividend equivalents when a dividend is paid on shares of FedEx common stock," quoting the explanation of responses directly.

Following the reported transaction, Russ held a total of 5,656 shares of FedEx common stock on a direct basis, as stated in the filing. No derivative securities transactions were reported in Table II. The form was filed by one reporting person and was not marked as an amendment to a prior filing.

What Was Disclosed

FedEx Corp's Interim CFO and Interim CAO Claude F. Russ disclosed a grant of 479 RSUs on November 1, 2026, at no cost, with ratable vesting over three years. His total direct beneficial ownership following the grant stands at 5,656 shares, per the filing.