FedEx Corporation
FedEx Amends Long-Term Incentive Plans Ahead of Spin-off
Summary
On March 9, 2026, FedEx Corporation's Board of Directors approved amendments to its FY25-FY27 and FY26-FY28 long-term incentive plans to account for the planned spin-off of FedEx Freight and the change in the fiscal year end. The amendments adjust the performance metrics and payout calculations for the remaining period of the plans, effective for participants remaining with the company post-spin-off.
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About FedEx Corporation
FedEx Corporation is a multinational delivery services company known for its air and ground shipping capacities. Established in 1971, FedEx provides a wide range of logistics services, including express transportation, freight forwarding, and e-commerce solutions to businesses and consumers alike. With a strong focus on innovation and efficiency, FedEx has developed advanced tracking systems and time-definite delivery services, setting standards in the express delivery industry. The corporation operates in various segments such as FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, each tailored to meet specific logistics needs worldwide. FedEx plays a crucial role in global commerce, facilitating the timely exchange of goods and documents across borders, impacting industries like retail, healthcare, and manufacturing. In a digital age where immediate delivery is paramount, FedEx's infrastructure and expertise make it integral to the supply chain and distribution networks that drive the modern economy.
Official SEC Documents
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