Freeport-McMoRan (FCX) board member receives 2,800 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FREEPORT-MCMORAN INC director Lydia H. Kennard received an equity grant in the form of restricted stock units. She was awarded 2,800 Common Stock Restricted Stock Units (RSUs), which are share-based compensation rather than an open-market purchase.

After this award, her beneficial holdings total 126,500 shares of Freeport-McMoRan common stock, including the 2,800 RSUs. RSUs typically convert into actual shares over time, subject to vesting or service conditions, aligning director compensation with long-term shareholder interests.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KENNARD LYDIA H

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,800	$0.00	--

Holdings After Transaction: Common Stock — 126,500 shares (Direct, null)

Footnotes (1)

Represents a grant of Common Stock Restricted Stock Units ("RSUs"). Amount beneficially owned following the reported transaction includes 2,800 RSUs.

Key Figures

RSU grant size: 2,800 RSUs Grant price: $0.00 per share Beneficial ownership after grant: 126,500 shares

3 metrics

RSU grant size 2,800 RSUs Common Stock Restricted Stock Units granted to director

Grant price $0.00 per share Reported transaction price for RSU award

Beneficial ownership after grant 126,500 shares Total Freeport-McMoRan common shares after transaction, including 2,800 RSUs

Key Terms

Restricted Stock Units ("RSUs"), beneficially owned, grant, award, or other acquisition

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 2,800 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.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

06/02/2026 - 05:34 PM

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^*

KENNARD LYDIA H

(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)
06/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		A⁽¹⁾		2,800	A	$0	126,500⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a grant of Common Stock Restricted Stock Units ("RSUs").

2. Amount beneficially owned following the reported transaction includes 2,800 RSUs.

Remarks:

	Kelly C. Simoneaux, on behalf of Lydia H. Kennard, pursuant to a power of attorney	06/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Freeport-McMoRan (FCX) director Lydia H. Kennard report on this Form 4?

Lydia H. Kennard reported receiving 2,800 Common Stock Restricted Stock Units as an equity award. This is compensation rather than a market trade, increasing her beneficial exposure to Freeport-McMoRan shares without an open-market purchase or sale.

How many Freeport-McMoRan (FCX) shares does Lydia H. Kennard now beneficially own?

Following the reported RSU grant, Lydia H. Kennard beneficially owns 126,500 shares of Freeport-McMoRan common stock. This total explicitly includes the 2,800 restricted stock units disclosed in the filing’s footnotes as part of her overall equity stake.

Were the Freeport-McMoRan (FCX) RSUs granted to Lydia H. Kennard purchased on the open market?

No, the 2,800 Freeport-McMoRan RSUs were granted at a reported price of $0.00 per unit. They represent a stock-based compensation award, not an open-market purchase, and typically vest over time according to the company’s director compensation plans.

What type of security did Lydia H. Kennard receive from Freeport-McMoRan (FCX)?

She received Common Stock Restricted Stock Units, or RSUs, tied to Freeport-McMoRan common shares. RSUs generally convert into actual shares upon vesting, giving directors long-term equity exposure that aligns their interests with other shareholders over the vesting period.

Does this Freeport-McMoRan (FCX) Form 4 show any stock sales by Lydia H. Kennard?

The Form 4 shows only an acquisition classified as a grant or award of 2,800 RSUs. There are no reported open-market sales, dispositions, gifts, or tax-withholding transactions in this filing, and no derivative exercises are listed in the derivative summary.