FedEx COO Smith sells 6,155 shares for $1,499,050.25; retains 23,347 shares post-transaction
Smith John Alan, Chief Operating Officer for US & CAN FEC, executed 2 separate sales totaling 6,155 shares for $1,499,050.25 at $243.55 on 2025-03-27. The sale reduces his holdings by 20.9%, from 29,502 shares to 23,347 shares. The current stock price of $243.92 is near the transaction price ($243.55) and sits 22.2% below the 52-week high of $313.52, while the company carries moderate valuation metrics (P/E: 14.92) and posted a net income of $909,000,000 against revenue of $22,160,000,000 in the latest quarter. The filing presents a discretionary insider reduction in company equity without additional context regarding scheduled trading plans or offsetting acquisitions.