STOCK TITAN

Freeport-McMoRan (NYSE: FCX) director granted 2,800 shares in new equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TOWNSEND FRANCES F reported acquisition or exercise transactions in this Form 4 filing.

FREEPORT-MCMORAN INC director Frances F. Townsend received an equity award of 2,800 shares of Common Stock on a grant/award basis. The shares were granted at a stated price of $0.0000 per share, indicating a compensation-related award rather than an open-market purchase.

After this grant, Townsend beneficially owns 127,570 shares of the company’s Common Stock, which includes 16,700 Restricted Stock Units (RSUs). This filing reflects a routine director equity grant that modestly increases her direct ownership stake.

Positive

  • None.

Negative

  • None.
Insider TOWNSEND FRANCES F
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,800 $0.00 --
Holdings After Transaction: Common Stock — 127,570 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of Common Stock Restricted Stock Units ("RSUs"). Amount beneficially owned following the reported transaction includes 16,700 RSUs.
Shares granted 2,800 shares Common Stock grant on 2026-06-01
Price per share (grant) $0.0000 per share Stated grant price for equity award
Total shares owned after grant 127,570 shares Beneficial ownership following reported transaction
RSUs included in ownership 16,700 RSUs Restricted Stock Units included in beneficial ownership
Restricted Stock Units ("RSUs") financial
"Represents a grant of Common Stock Restricted Stock Units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
beneficially owned financial
"Amount beneficially owned following the reported transaction includes 16,700 RSUs."
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.
Common Stock financial
"Represents a grant of Common Stock Restricted Stock Units ("RSUs")."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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SEC Form 4
FORM 4UNITED 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*
TOWNSEND FRANCES F

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A(1)2,800A$0127,570(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of Common Stock Restricted Stock Units ("RSUs").
2. Amount beneficially owned following the reported transaction includes 16,700 RSUs.
Remarks:
Kelly C. Simoneaux, on behalf of Frances F. Townsend, pursuant to a power of attorney06/02/2026
** Signature of Reporting PersonDate
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 did FCX director Frances F. Townsend report in this Form 4 filing?

Frances F. Townsend reported receiving a grant of 2,800 shares of Freeport-McMoRan Common Stock as an equity award. This was classified as a grant or award acquisition, not an open-market purchase, and increases her direct ownership position in the company.

How many FCX shares does Frances F. Townsend own after the reported grant?

After the transaction, Frances F. Townsend beneficially owns 127,570 shares of Freeport-McMoRan Common Stock. This total includes both directly held shares and 16,700 Restricted Stock Units (RSUs) that are part of her overall equity-based compensation package.

Was the FCX insider transaction a market purchase or a compensation grant?

The transaction was a compensation-related grant, not a market purchase. It is coded as a grant, award, or other acquisition, with 2,800 shares of Common Stock granted at a stated price of $0.0000 per share as part of director compensation.

What role do RSUs play in Frances F. Townsend’s FCX holdings?

Restricted Stock Units form part of Townsend’s equity stake in Freeport-McMoRan. The filing notes her beneficial ownership after the grant includes 16,700 RSUs, which typically convert into shares over time under company-specific vesting conditions and schedules.

Does this FCX Form 4 indicate any stock sales by Frances F. Townsend?

No stock sales are reported in this Form 4. The filing shows a single acquisition transaction: a grant of 2,800 shares of Common Stock. There are no dispositions, exercises, gifts, or tax-withholding events disclosed in the provided transaction summary.