Freeport-McMoRan (NYSE: FCX) EVP covers taxes with 8,165-share disposition

Rhea-AI Filing Summary

FREEPORT-MCMORAN INC executive vice president and general counsel Douglas N. Currault II reported a tax-withholding disposition of 8,165 shares of common stock on February 15, 2026 at $62.84 per share. The shares were withheld to cover taxes on the vesting of 20,667 restricted stock units.

Following this transaction, Currault beneficially owns 211,016 shares of common stock, which includes 36,499 restricted stock units.

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

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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^*

Currault Douglas N. II

(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 & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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	02/15/2026		F(1)		8,165	D	$62.84	211,016(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. Shares withheld to cover the taxes due upon the vesting of 20,667 Common Stock Restricted Stock Units ("RSUs").

2. Amount beneficially owned includes 36,499 RSUs.

Remarks:

	Kelly C. Simoneaux, on behalf of Douglas N. Currault II pursuant to a power of attorney	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did FCX executive Douglas N. Currault II report?

Douglas N. Currault II reported a tax-withholding disposition of 8,165 Freeport-McMoRan (FCX) common shares. The shares were used to cover taxes from vesting of 20,667 restricted stock units, rather than an open-market sale for investment purposes.

At what price were the FCX shares disposed of in this Form 4 filing?

The 8,165 Freeport-McMoRan (FCX) shares were disposed of at $62.84 per share. This price applies to the shares withheld to satisfy tax obligations arising from the vesting of 20,667 restricted stock units granted to Douglas N. Currault II.

How many FCX shares does Douglas N. Currault II own after this transaction?

After the tax-withholding disposition, Douglas N. Currault II beneficially owns 211,016 Freeport-McMoRan (FCX) shares. This total includes 36,499 restricted stock units, reflecting both vested and unvested equity-linked compensation still attributed to him.

What triggered the tax-withholding share disposition for FCX’s Douglas N. Currault II?

The disposition was triggered by the vesting of 20,667 restricted stock units (RSUs) in Freeport-McMoRan (FCX). To cover taxes due upon vesting, 8,165 common shares were withheld instead of paying the tax liability in cash.

What role does Douglas N. Currault II hold at Freeport-McMoRan (FCX)?

Douglas N. Currault II serves as executive vice president and general counsel at Freeport-McMoRan (FCX). His Form 4 filing reflects equity compensation activity associated with this senior leadership position, including RSU vesting and related tax-withholding share dispositions.

Does the FCX Form 4 show any open-market buying or selling by Douglas N. Currault II?

The Form 4 reflects a tax-withholding disposition coded as “F,” not an open-market trade. Shares were withheld to pay taxes on RSU vesting, so it documents compensation-related share settlement rather than discretionary buying or selling in the market.