Board approved on Mar 9, 2026 amendments to $FDX FY25–FY27 and FY26–FY28 LTI plans tied to the FedEx…
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Board approved on Mar 9, 2026 amendments to $FDX FY25–FY27 and FY26–FY28 LTI plans tied to the FedEx Freight spin‑off and fiscal‑year change. Spin‑off on track for June 1, 2026; FY year‑end shifts to Dec 31 effective June 1, 2026. 📅🔁 #SpinOff #CorporateGovernance
Amendments: measure actual performance through FY26, assume target for remainder. FY25–27 payout = 67% actual / 33% target; FY26–28 payout = 33% actual / 67% target. Payouts after May 31, 2027 or May 31, 2028. 💰📊 $FDX #Compensation #LTI
Changes apply to all LTI participants who remain employees post‑spin, including NEOs named in the 2025 proxy. No other changes to performance metrics or payout opportunities. Investors: alters timing/mix of LTI payouts. 🧾 $FDX #Investing