FDX Executive Chairman Frederick Smith sells 123,850 shares for $25,122,520.65 on 2025-04-11
Frederick W. Smith, Executive Chairman of FedEx, executed 4 separate sales totaling 123,850 shares for $25,122,520.65 with a blended average price of $202.85. His post-transaction holdings of 14.29M shares represent a 0.9% reduction from the 14.41M shares held before this filing. In the near term, FedEx stock has declined 14.7% over the past 30 days and 23.3% over the past 90 days from the transaction date, notably 33.7% below its 52-week high of $313.52. His prior 4 sales at FedEx occurred on identical dates in April 2024 and April 2023 (identical April 11 and April 9 patterns), suggesting calendar-based or rebalancing-driven activity rather than discretionary market timing. Notably, Smith's prior same-ticker sales showed an average 90-day return of +7.975%, meaning the stock subsequently rose after those sales—a pattern consistent across all four prior FedEx trades. This filing shows continued adherence to a regular selling schedule amid a challenging near-term price environment.