Freeport-McMoRan (NYSE: FCX) investor files Form 144 to sell shares
Rhea-AI Filing Summary
Freeport-McMoRan Inc. has a shareholder filing a notice under Rule 144 to sell 9,572 shares of its common stock. The planned sale has an aggregate market value of $456,202.00 and is to be executed through Charles Schwab & Co., Inc. on the NYSE, with an approximate sale date of 12/11/2025. The company reports 1,435,930,660 shares of common stock outstanding.
The shares being sold were acquired on 02/15/2024 through a restricted stock lapse from Freeport-McMoRan Inc. as equity compensation, in the same amount of 9,572 shares. By signing the notice, the seller represents they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does this Form 144 filing for FCX disclose?
The filing discloses that a shareholder of Freeport-McMoRan Inc. (FCX) intends to sell 9,572 shares of common stock under Rule 144, with an aggregate market value of $456,202.00, through a broker on the NYSE.
How many Freeport-McMoRan (FCX) shares are planned to be sold and what is their value?
The shareholder plans to sell 9,572 shares of Freeport-McMoRan common stock, with an aggregate market value of $456,202.00 as stated in the filing.
Through which broker and exchange will the FCX shares be sold?
The filing lists Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, TX 76262, as the broker, and names the NYSE as the securities exchange where the Freeport-McMoRan shares are to be sold.
When are the Freeport-McMoRan (FCX) shares expected to be sold under this Form 144?
The notice states an approximate date of sale of 12/11/2025 for the planned disposition of the 9,572 FCX common shares.
How were the FCX shares being sold under Rule 144 originally acquired?
The 9,572 shares of Freeport-McMoRan common stock were acquired on 02/15/2024 via a restricted stock lapse from Freeport-McMoRan Inc., identified as equity compensation in the filing.
How many Freeport-McMoRan (FCX) shares are reported outstanding in this filing?
The Form 144 indicates that 1,435,930,660 shares of Freeport-McMoRan common stock are outstanding, providing context for the size of the 9,572-share planned sale.
What representation does the seller make about information on Freeport-McMoRan in this Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about Freeport-McMoRan’s current or prospective operations that has not been publicly disclosed.