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Freeport-McMoRan (NYSE: FCX) director plans 3,798-share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FREEPORT-MCMORAN INC (FCX) has a notice of proposed sale of common stock under Rule 144 filed in connection with holdings of director Lydia H. Kennard. The notice covers a planned sale of 3,798 shares of common stock through J.P. Morgan Securities LLC, with an approximate sale date of August 27, 2026 on the NYSE.

The shares to be sold were originally acquired as compensation from Freeport-McMoRan on three dates: 161 shares on February 3, 2015; 717 shares on February 3, 2016; and 2,920 shares on June 1, 2022. The filing states that the shares will be sold by the Lydia Helen Kennard Separate Property Trust, with Lydia H. Kennard serving as trustee, and J.P. Morgan Securities LLC signing as agent and attorney-in-fact.

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Shares of common stock to be sold 3,798 shares Planned Rule 144 sale through J.P. Morgan Securities LLC on NYSE
Approximate sale date 08/27/2026 Proposed sale date for the 3,798 FCX common shares
Compensation shares acquired on 02/03/2015 161 shares Common stock acquired as compensation from Freeport-McMoRan
Compensation shares acquired on 02/03/2016 717 shares Common stock acquired as compensation from Freeport-McMoRan
Compensation shares acquired on 06/01/2022 2,920 shares Common stock acquired as compensation from Freeport-McMoRan
Shares outstanding figure referenced 1,436,017,523 shares Number of shares outstanding referenced in the securities information section
Aggregate market value reference 300,042 Aggregate figure associated with the 3,798 shares in securities information
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Separate Property Trust financial
"sold by the Lydia Helen Kennard Separate Property Trust, Lydia H. Kennard as Trustee."
attorney-in-fact regulatory
"J.P. Morgan Securities LLC as agent and attorney-in-fact for Lydia H. Kennard"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Securities To Be Sold financial
"144: Securities To Be Sold Common Stock | 02/03/2015 | Transfer"

FAQ

What does the Form 144 filing mean for FCX?

The Form 144 reports a planned sale of 3,798 FCX common shares associated with director Lydia H. Kennard under Rule 144. It is a notice of intent to sell restricted or control securities, not an indication of company-level operational or financial changes.

How many FCX shares are covered by Lydia H. Kennard’s Form 144?

The notice covers a proposed sale of 3,798 shares of Freeport-McMoRan common stock, to be sold through J.P. Morgan Securities LLC on the NYSE. These shares were received as compensation on three different dates between 2015 and 2022.

Who is the selling security holder in this FCX Form 144?

The shares will be sold by the Lydia Helen Kennard Separate Property Trust, with Lydia H. Kennard as trustee. The filing notes that the shares were acquired by her as compensation from Freeport-McMoRan on specified grant dates.

When were the FCX shares in this Form 144 originally acquired?

The filing lists three compensation grants from Freeport-McMoRan: 161 shares on February 3, 2015; 717 shares on February 3, 2016; and 2,920 shares on June 1, 2022. These together correspond to the 3,798 shares covered by the notice.

Who is acting as broker for the FCX shares in this Form 144?

The planned sale of 3,798 FCX common shares will be handled by J.P. Morgan Securities LLC, listed at its New York office. J.P. Morgan Securities LLC also signed the notice as agent and attorney-in-fact for Lydia H. Kennard.

What is the approximate sale date for the FCX shares in this Form 144?

The notice lists an approximate sale date of August 27, 2026 for the 3,798 Freeport-McMoRan common shares to be sold on the NYSE under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature