Summary by Moomoo AI
Richard W. Smith, President and CEO of Air & International at FedEx Corp (FDX), completed a series of transactions involving the company's common stock on January 5, 2024. Smith exercised options to acquire 2,000 shares at a price of $143.545 per share. Following this acquisition, he disposed of 284 shares as a bona fide gift, at no cost, resulting in a direct holding of 84,064 shares after the transactions. Additionally, on the same day, Smith reported indirect transactions through gifts of 142 shares to his wife and 142 shares to family trusts. Another set of indirect gifts of 142 shares to family trusts was reported on January 8, 2024. The transactions involving gifts were also at no cost, and the total number of shares held indirectly after all transactions was 59,940. The transactions are reported as completed for direct holdings and in progress for indirect holdings.