FedEx officer sells shares

The president and chief executive of a division of package delivery company FedEx Corp. sold 9,800 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Thursday, David F. Rebholz reported he sold the shares Tuesday for USD 109 to USD 109.38 apiece.

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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