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Freeport-McMoRan (FCX) CFO gets RSUs, PSUs; shares withheld for taxes

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

Rhea-AI Filing Summary

Freeport-McMoRan EVP & CFO Maree E. Robertson reported equity awards and related tax-withholding transactions in the company’s common stock. On February 9, 2026, she acquired 26,875 shares through the vesting of performance share units granted in 2023. On February 10, 2026, she received a grant of 17,000 restricted stock units and had 8,700 shares withheld at $60.67 per share to cover taxes on the PSU vesting. Following these transactions, she beneficially owned 128,394 shares, including 68,166 RSUs. She also received a new PSU grant on February 9, 2026, which will vest based on average return on investment and relative TSR over a three-year period ending December 31, 2028.

Positive

  • None.

Negative

  • None.
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*
Robertson Maree E.

(Last) (First) (Middle)
4340 E. COTTON CENTER BLVD.
SUITE 110

(Street)
PHOENIX AZ 85040

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FREEPORT-MCMORAN INC [ FCX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/10/2026 A(1) 17,000 A $0 110,219 D
Common Stock 02/09/2026 A(2) 26,875 A $0 137,094 D
Common Stock 02/10/2026 F(3) 8,700 D $60.67 128,394(4) 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 a grant of Common Stock Restricted Stock Units ("RSUs").
2. Shares acquired through the vesting of performance share units ("PSUs") granted on February 7, 2023.
3. Shares withheld to cover the taxes due upon the vesting of PSUs.
4. Amount beneficially owned includes 68,166 RSUs.
Remarks:
In addition to the awards reported herein, on February 9, 2026, the Reporting Person also received a grant of PSUs, which will be reflected on a Form 4 if and when such units vest. Vesting of the PSUs will be determined by the Issuer's average return on investment and relative TSR over the three-year performance period ending December 31, 2028.
Kelly C. Simoneaux on behalf of Maree E. Robertson pursuant to a power of attorney 02/11/2026
** 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.

FAQ

What did Freeport-McMoRan (FCX) disclose about Maree E. Robertson’s recent stock awards?

Freeport-McMoRan reported that EVP & CFO Maree E. Robertson received stock-based compensation, including 26,875 shares from vesting performance share units and a grant of 17,000 restricted stock units. These awards increase her equity-based alignment with shareholders through additional exposure to company stock.

How many Freeport-McMoRan (FCX) shares does Maree E. Robertson now beneficially own?

After the reported transactions, Maree E. Robertson beneficially owned 128,394 shares of Freeport-McMoRan common stock. This total includes 68,166 restricted stock units, reflecting both previously granted equity and the new awards disclosed in the filing for February 2026.

What are the details of the performance share units vesting for the Freeport-McMoRan (FCX) CFO?

The CFO acquired 26,875 Freeport-McMoRan shares through the vesting of performance share units granted on February 7, 2023. These units converted into common stock on February 9, 2026, adding to her direct holdings as part of the company’s long-term incentive program.

Why were 8,700 Freeport-McMoRan (FCX) shares withheld in the Form 4 filing?

The filing shows 8,700 shares of Freeport-McMoRan common stock were disposed of at $60.67 per share to cover taxes due upon PSU vesting. This tax-withholding disposition is a common administrative step when equity awards convert into deliverable shares.

What new performance share units did the Freeport-McMoRan (FCX) CFO receive in February 2026?

In addition to reported awards, the CFO received a new grant of performance share units on February 9, 2026. Vesting of these PSUs will depend on Freeport-McMoRan’s average return on investment and relative total shareholder return over a three-year period ending December 31, 2028.

How is the Freeport-McMoRan (FCX) CFO’s future PSU vesting performance measured?

Future PSU vesting for the CFO will be determined by Freeport-McMoRan’s average return on investment and relative total shareholder return over a three-year performance period. This period runs through December 31, 2028, directly tying award outcomes to multi-year financial and market performance.
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