Freeport-McMoRan (NYSE: FCX) director granted 2,800 shares in new equity award
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- Represents a grant of Common Stock Restricted Stock Units ("RSUs"). Amount beneficially owned following the reported transaction includes 16,700 RSUs.
Key Figures
Shares granted: 2,800 shares
Price per share (grant): $0.0000 per share
Total shares owned after grant: 127,570 shares
+1 more
4 metrics
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
Key Terms
Restricted Stock Units ("RSUs"), beneficially owned, Common Stock
3 terms
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.
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.
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.