FedEx Elects New Director, Discloses Senior Note Details
Ticker: FDX · Form: 8-K · Filed: 2025-10-02T00:00:00.000Z
Sentiment: neutral
Topics: governance, debt-issuance, board-of-directors
Related Tickers: FDX
TL;DR
FedEx adds a new board member and issues a bunch of new debt.
AI Summary
FedEx Corp. announced on October 2, 2025, that its Board of Directors has elected Michael L. Ducker as a new director, effective September 28, 2025. The company also disclosed details regarding its issuance of various senior notes, including 1.625% notes due 2027, 0.450% notes due 2029, 1.300% notes due 2031, 3.500% notes due 2032, 0.950% notes due 2033, and 4.125% notes due 2037.
Why It Matters
The election of a new director can signal strategic shifts or governance changes, while the issuance of senior notes provides insight into the company's financing activities and debt structure.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and debt issuance, with no immediate negative financial implications disclosed.
Key Numbers
- 2025-09-28 — Director Election Date (Effective date for Michael L. Ducker's directorship.)
- 2027 — Note Maturity Year (Maturity year for 1.625% senior notes.)
- 2029 — Note Maturity Year (Maturity year for 0.450% senior notes.)
- 2031 — Note Maturity Year (Maturity year for 1.300% senior notes.)
- 2032 — Note Maturity Year (Maturity year for 3.500% senior notes.)
- 2033 — Note Maturity Year (Maturity year for 0.950% senior notes.)
- 2037 — Note Maturity Year (Maturity year for 4.125% senior notes.)
Key Players & Entities
- FedEx Corp. (company) — Filer
- Michael L. Ducker (person) — Newly elected director
- 1.625% notes due 2027 (dollar_amount) — Senior note issuance
- 0.450% notes due 2029 (dollar_amount) — Senior note issuance
- 1.300% notes due 2031 (dollar_amount) — Senior note issuance
- 3.500% notes due 2032 (dollar_amount) — Senior note issuance
- 0.950% notes due 2033 (dollar_amount) — Senior note issuance
- 4.125% notes due 2037 (dollar_amount) — Senior note issuance
FAQ
Who was elected to the FedEx Corp. Board of Directors?
Michael L. Ducker was elected to the Board of Directors, effective September 28, 2025.
What is the interest rate on the FedEx senior notes due 2027?
The interest rate on the FedEx senior notes due 2027 is 1.625%.
When did the changes reported in this 8-K become effective?
The changes reported in this 8-K, including the director election, were effective as of September 28, 2025.
What is the lowest interest rate among the disclosed senior notes?
The lowest interest rate among the disclosed senior notes is 0.450% for the notes due 2029.
What is the maturity date for the FedEx senior notes with a 4.125% interest rate?
The FedEx senior notes with a 4.125% interest rate mature in 2037.
Filing Stats: 1,830 words · 7 min read · ~6 pages · Grade level 11.7 · Accepted 2025-10-02 16:15:37
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share FDX New York Stock Exchan
Filing Documents
- d64398d8k.htm (8-K) — 87KB
- d64398dex991.htm (EX-99.1) — 6KB
- 0001193125-25-228346.txt ( ) — 280KB
- fdx-20250928.xsd (EX-101.SCH) — 5KB
- fdx-20250928_def.xml (EX-101.DEF) — 15KB
- fdx-20250928_lab.xml (EX-101.LAB) — 27KB
- fdx-20250928_pre.xml (EX-101.PRE) — 17KB
- d64398d8k_htm.xml (XML) — 12KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Compensation Arrangements with Outside Directors. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FedEx Corporation Date: October 2, 2025 By: /s/ Gina F. Adams Gina F. Adams Executive Vice President, General Counsel and Secretary