Freeport-McMoRan (NYSE: FCX) officer eyes August stock sale
Rhea-AI Filing Summary
FREEPORT-MCMORAN INC (FCX) is the issuer for which officer Douglas N. Currault has filed a Form 144 notice covering a proposed sale of up to 80,000 shares of FCX common stock through Charles Schwab & Co., Inc. The planned transaction, dated 08/25/2026, is tied to an Employee Stock Option Exercise structured as a broker payment for cashless exercise. The filing lists an aggregate market value of $6,284,462.00 for the securities covered and notes that 1,436,017,523 shares of this class were outstanding, a baseline figure, not the amount being sold.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 80,000 shares
Aggregate market value: $6,284,462.00
Shares outstanding: 1,436,017,523 shares
+1 more
4 metrics
Shares to be sold
80,000 shares
Proposed sale of FREEPORT-MCMORAN INC common stock under Form 144
Aggregate market value
$6,284,462.00
Market value of the 80,000 shares covered by the Form 144 notice
Shares outstanding
1,436,017,523 shares
Shares of this FCX common stock class outstanding as referenced in the filing
Planned transaction date
08/25/2026
Date associated with the Employee Stock Option Exercise and proposed sale
Key Terms
Rule 144, Form 144, Employee Stock Option Exercise, Broker Payment for Cashless Exercise
4 terms
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.
Form 144 regulatory
"144: Filer Information 144: Issuer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Employee Stock Option Exercise financial
"Common | 08/25/2026 | Employee Stock Option Exercise"
Broker Payment for Cashless Exercise financial
"80000 | 08/25/2026 | Broker Payment for Cashless Exercise"
FAQ
What does the Form 144 filing for FCX disclose about Douglas N. Currault?
The filing states that officer Douglas N. Currault has notified of a proposed sale of up to 80,000 shares of FREEPORT-MCMORAN INC common stock, in connection with an Employee Stock Option Exercise dated 08/25/2026.
What transaction type is associated with the FCX Form 144 filing?
The filing identifies the transaction as an Employee Stock Option Exercise with a Broker Payment for Cashless Exercise on 08/25/2026.
Which broker is listed for handling the FCX Form 144 transaction?
The broker listed is Charles Schwab & Co., Inc., with the filing indicating it will handle the proposed sale of up to 80,000 FREEPORT-MCMORAN INC common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.