Claude F. Russ Form 3 Filing for FedEx Stock Options and Common Stock Ownership

This SEC Form 3 filing reports the initial statement of beneficial ownership by Claude F. Russ, Interim CFO & Interim CAO of FedEx Corp. The filing discloses Russ's ownership of 3,542 shares of FedEx common stock and six separate non-qualified stock option grants. The options total 23,950 shares with exercise prices ranging from $176.07 to $232.59 per share and expiration dates spanning from 2028 to 2035. All options have a one-year vesting period from the grant date before becoming exercisable. The filing represents a standard ownership disclosure for a corporate officer and shows Russ's significant equity-based compensation package, which aligns his financial interests with shareholder value creation. The direct ownership of both common stock and multiple option grants demonstrates his long-term commitment to the company's performance.