SIGNAL
PROXY INTELLIGENCE
New York, NY – 2026-08-18 · Ticker: NYSE:FDX
Signal Proxy Intelligence Recommends AGAINST FedEx Corporation Executive Compensation Ahead of Sept. 28, 2026 Annual Meeting
Independent research firm publishes item-by-item recommendations on all six ballot measures within 28 hours of the company’s proxy filing. (Within SPI’s standing 48-hour / T+2 commitment.)
NEW YORK, NY — Signal Proxy Intelligence, the independent proxy research division of Signal Law Group, today published its recommendations for the Sept. 28, 2026 annual meeting of FedEx Corporation (NYSE:FDX). SPI issued a recommendation on each of the six items on the ballot, published 28 hours after the company’s definitive proxy statement was accepted on EDGAR.
Reviewing the ballot from the perspective of the common shareholder and using publicly available information only, SPI assigned the meeting a concern band of Elevated. The firm recommends AGAINST on the advisory vote on executive compensation, citing that the filing states 2025 say-on-pay support was 63% and opposition centered on a former executive’s separation package.
On the election of directors, SPI recommends FOR the director nominees as presented on the ballot.
“This ballot included two items where our recommendation diverged from the board’s under our published framework. The meeting carries a concern band of Elevated, and the full rationale for each recommendation is documented in the report.”
— Hayden Smith, Head of Proxy Research
SPI recommends AGAINST on the following items:
- AGAINST on Item 2 (Advisory Vote to Approve Named Executive Officer Compensation): The filing states 2025 say-on-pay support was 63% and opposition centered on a former executive’s separation package.
- AGAINST on Item 4 (Independent Board Chair): The filing states the Board reviews leadership structure annually and maintains a Lead Independent Director.
- AGAINST on Item 5 (Lower threshold to call a special meeting): The filing states stockholders already may call a special meeting if they own 20% of common stock.
SPI will publish a separate post-meeting divergence report comparing its recommendations to those of the incumbent proxy advisors after the meeting results are available.
The complete item-by-item analysis, including the rationale for each recommendation, is available at https://www.signallawgroup.com/proxies/fedex-corporation-2026-09-28/.
Ballot Summary: Recommendation by Item
| Item | Title | SPI Recommendation |
|---|---|---|
| 1 | Election of Directors | FOR |
| 2 | Advisory Vote to Approve Named Executive Officer Compensation | AGAINST |
| 3 | Ratification of the Appointment of the Independent Registered Public Accounting Firm | FOR |
| 4 | Independent Board Chair | AGAINST |
| 5 | Lower threshold to call a special meeting | AGAINST |
| 6 | Report on Risks Related to Distributing Abortion Drugs | FOR |
About Signal Proxy Intelligence
SPI is the independent proxy research division of Signal Law Group, an independent research and investigations firm. SPI publishes FOR / AGAINST / WITHHOLD recommendations on every item of every covered proxy ballot within 48 hours of filing, analyzing each measure from the perspective of the common shareholder using publicly available information. SPI accepts no revenue from the companies it covers. Every SPI recommendation is timestamped at publication, fingerprinted, and reconciled against the company’s reported vote.
Media contact
Rochelle Welner
contact@signallawgroup.com
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SPI is an operating company of Signal Law Group, an independent research and investigations firm. SPI is not a law firm, does not provide legal advice, and is not an investment adviser. The recommendations and analysis in this release are independent research provided for informational purposes only. They do not constitute voting advice, investment advice, a recommendation to buy or sell securities, or a solicitation of any kind. Recipients should conduct their own independent analysis and consult their own advisors before making any voting or investment decision. SPI accepts no revenue from the companies it covers.
