secwatch.observer — SEC 8-K summary
======================================

Issuer:     FEDEX CORP (FDX)
CIK:        0001048911
Form:       8-K/A
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001104659-26-058006
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO John W. Dietrich to depart June 1; separation includes $2.2M cash payment
-----------------------------------------------------------------------------

- Dietrich steps down as EVP & CFO effective June 1, 2026; employment ends July 31, 2026.
- Lump sum cash payment of $2,209,276 (1x base salary + target bonus) paid by Aug 31, 2026.
- Two-year non-compete covering UPS, DHL, USPS, Amazon; mutual non-disparagement agreement.
- Equity: vested stock options exercisable, restricted stock vests, performance stock units forfeited.
- Company pays transition services and reimburses 2026 tax return preparation costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048911/000110465926058006/0001104659-26-058006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048911/000110465926058006/tm2613925d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-058006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer