FedEx Founder Smith Holds 15.6M Shares, Including 1.1M Options

TL;DR

**FedEx founder Fred Smith still owns over 15.6M shares, showing strong insider confidence.**

AI Summary

Frederick W. Smith, the founder of FedEx, filed an amended SC 13G/A on February 9, 2024, disclosing his beneficial ownership of 15,625,064 shares of FedEx Corporation common stock as of December 31, 2023. This includes 1,100,000 shares from employee stock options. This filing, Amendment No. 9, updates his previous holdings and shows his continued significant stake in the company, which is important for investors as it signals strong insider confidence from the founder.

Why It Matters

This filing shows that FedEx founder Frederick W. Smith maintains a substantial personal investment in the company, which can be a positive signal of his belief in FedEx's future performance for current and potential shareholders.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant insider holding, which generally reduces perceived risk for investors.

Analyst Insight

A smart investor would view this continued significant insider holding by the founder as a positive sign of long-term commitment and confidence in FedEx's future, potentially reinforcing a decision to hold or consider buying the stock.

Key Numbers

• 15,625,064 — Total Shares Beneficially Owned (Represents Frederick W. Smith's total stake in FedEx as of December 31, 2023.)
• 1,100,000 — Shares from Employee Stock Options (Part of Frederick W. Smith's total beneficial ownership, highlighting a component of his compensation and long-term incentive.)
• $0.10 — Par Value per Share (The stated par value of FedEx Corporation's Common Stock.)

Key Players & Entities

• Frederick W. Smith (person) — Reporting Person, Founder of FedEx
• FedEx Corporation (company) — Subject Company (Issuer)
• 15,625,064 (dollar_amount) — Total shares beneficially owned by Frederick W. Smith
• 1,100,000 (dollar_amount) — Shares from employee stock options included in total
• December 31, 2023 (date) — Date of event requiring the filing

Forward-Looking Statements

• Frederick W. Smith will maintain a significant ownership stake in FedEx for the foreseeable future. (Frederick W. Smith) — high confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.10 — me of Issuer) Common Stock, par value $0.10 per share (Title of Class of Securiti

Filing Documents

• d723271dsc13ga.htm (SC 13G/A) — 41KB
• 0001193125-24-030103.txt ( ) — 42KB

From the Filing

SC 13G/A 1 d723271dsc13ga.htm SC 13G/A SC 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 240.13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 9)* FedEx Corporation (Name of Issuer) Common Stock, par value $0.10 per share (Title of Class of Securities) 31428X106 (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 31428X106 13G Page 2 of 5 Pages 1. NAMES OF REPORTING PERSONS Frederick W. Smith 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)(b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 15,625,064 (includes employee stock options to purchase 1,162,652 shares exercisable within 60 days of December 31, 2023) 6. SHARED VOTING POWER 5,044,034 7. SOLE DISPOSITIVE POWER 15,625,064 (includes employee stock options to purchase 1,162,652 shares exercisable within 60 days of December 31, 2023) 8. SHARED DISPOSITIVE POWER 5,044,034 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 20,669,098 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.3% 12. TYPE OF REPORTING PERSON (see instructions) IN CUSIP No. 31428X106 13G Page 3 of 5 Pages Item1. (a) Name of Issuer: FedEx Corporation (b) Address of Issuers Principal Executive Offices: 942 South Shady Grove Road, Memphis, TN 38120 Item2. (a) Name of Person Filing: Frederick W. Smith (b) Address of Principal Business Office or, if None, Residence: 942 South Shady Grove Road, Memphis, TN 38120 (c) Citizenship: United States (d) Title of Class of Securities: Common Stock, par value $0.10 per share (e) CUSIP Number: 31428X106 Item3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _______. CUSIP No. 31428X106 13G Page 4 of 5 Pages Item4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 20,669,098 (b) Percent of class: 8.3% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 15,625,064 (includes employee stock options to purchase 1,162,652 shares exercisable within 60 days of December 31, 2023). (ii) Shared power to vote or to direct the vote: 5,044,034. (iii) Sole power to dispose or to direct the disposition of: 15,625,064 (includes employee stock options to purchase 1,162,652 shares exercisable within 60 days of December 31, 2023). (iv) Shared power to dispose or to direct the disposition of: 5,044,034. Instruction . For computations regarding securities which