Hugh Grant of Freeport-McMoRan (NYSE: FCX) takes 574 shares as retainer

Rhea-AI Filing Summary

Freeport-McMoRan director Hugh Grant received 574 shares of common stock on April 1, 2026. The shares were acquired as part of his prior election to take company stock instead of cash for some or all of his annual retainer fee.

Following this award, he beneficially owns 46,514 shares of Freeport-McMoRan common stock directly, which includes 17,900 Restricted Stock Units. This is a compensation-related equity grant rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GRANT HUGH

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	574	$58.78	$34K

Holdings After Transaction: Common Stock — 46,514 shares (Direct)

Footnotes (1)

1. Represents shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for some or all of his annual retainer fee. Amount beneficially owned following the reported transaction includes 17,900 Common Stock Restricted Stock Units.

Key Figures

Shares granted: 574 shares Grant price: $58.78 per share Total shares after transaction: 46,514 shares +1 more

4 metrics

Shares granted 574 shares Common stock grant on April 1, 2026 in lieu of cash retainer

Grant price $58.78 per share Reported value for 574-share stock grant

Total shares after transaction 46,514 shares Beneficially owned common stock following the grant

Restricted Stock Units 17,900 RSUs RSUs included in beneficial ownership after the transaction

Key Terms

Restricted Stock Units, annual retainer fee, beneficially owned

3 terms

Restricted Stock Units financial

"Amount beneficially owned following the reported transaction includes 17,900 Common Stock Restricted Stock Units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

annual retainer fee financial

"shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for some or all of his annual retainer fee."

beneficially owned financial

"Amount beneficially owned following the reported transaction includes 17,900 Common Stock Restricted Stock Units."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRANT HUGH

(Last) (First) (Middle)

4340 E. COTTON CENTER BLVD.

SUITE 110

(Street)

PHOENIX ARIZONA 85040

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FREEPORT-MCMORAN INC [ FCX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A(1)		574	A	$58.78	46,514(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for some or all of his annual retainer fee.

2. Amount beneficially owned following the reported transaction includes 17,900 Common Stock Restricted Stock Units.

Remarks:

	Kelly C. Simoneaux, on behalf of Hugh Grant pursuant to a power of attorney	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FCX director Hugh Grant report on this Form 4?

Hugh Grant reported receiving 574 shares of Freeport-McMoRan common stock. The shares were granted as equity compensation under his prior election to receive stock instead of cash for some or all of his annual director retainer fee.

Was Hugh Grant’s FCX transaction a market buy or sell of shares?

The transaction was not a market buy or sell. It was a grant of 574 shares of Freeport-McMoRan common stock, received in lieu of cash as part of Hugh Grant’s annual director retainer compensation election.

How many FCX shares does Hugh Grant beneficially own after this transaction?

After the reported grant, Hugh Grant beneficially owns 46,514 shares of Freeport-McMoRan common stock. This total includes both directly held shares and 17,900 Restricted Stock Units reported as part of his beneficial ownership.

At what price was Hugh Grant’s FCX stock grant reported on the Form 4?

The 574-share award to Hugh Grant was reported at a price of $58.78 per share. This figure reflects the value used for the stock granted in lieu of cash for his director annual retainer fee election.

What are the 17,900 Common Stock Restricted Stock Units mentioned for FCX?

The filing states that Hugh Grant’s beneficially owned amount includes 17,900 Common Stock Restricted Stock Units. These RSUs represent a form of equity compensation that will convert into shares of Freeport-McMoRan common stock under their specified terms.