FedEx Express CEO sells and acquires shares

FedEx Express president and CEO David J. Bronczek has sold 50,000 shares of FedEx Corp. common stock and acquired 50,000 shares.

According to a Form 4 filed with the Securities and Exchange Commission, the transactions were completed on Dec. 26 and Dec. 27.

The shares were sold in quantities ranging from 100 to 10,900 at prices ranging from USD 92.04 to USD 92.24. 2,885 shares with a value of USD 0 also were listed has having been disposed.

The acquired shares of FedEx stock were bought in one transaction at a price of USD 31.98 per share.

Separately, Harrah’s CEO Gary Loveman acquired 239 FedEx shares for USD 92.19, according to a Form 4 filed with the SEC. Loveman now has a total of 394 shares in the Memphis package shipper.

Shareholders of FedEx Corp. in September elected Loveman, chairman, president and CEO of Harrah’s Entertainment Inc., to the corporation’s board of directors for a one-year term.

Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.

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