Director David P. Abney granted 2,800 RSUs in Freeport-McMoRan (NYSE: FCX)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ABNEY DAVID P reported acquisition or exercise transactions in this Form 4 filing.
FREEPORT-MCMORAN INC director David P. Abney received an equity award in the form of common stock restricted stock units. The filing reports a grant of 2,800 RSUs, which are stock-based compensation rather than an open-market share purchase.
Following this award, Abney is shown as beneficially owning 25,200 shares of Common Stock, which now includes the 2,800 RSUs. The transaction price is recorded as $0.00 per share, underscoring that this was a compensation grant and not a cash transaction in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ABNEY DAVID P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,200 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
Beneficial ownership after grant: 25,200 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
2,800 RSUs
Grant of Common Stock RSUs to director
Beneficial ownership after grant
25,200 shares
Total common stock beneficially owned following transaction
Grant price per share
$0.00 per share
Equity compensation, not open-market purchase
Transaction date
June 1, 2026
Date of RSU grant
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 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.
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 insider transaction did FCX director David P. Abney report?
David P. Abney reported receiving a grant of 2,800 common stock restricted stock units as equity compensation. This Form 4 shows an acquisition via award, not an open-market trade, with the RSUs representing future delivery of Freeport-McMoRan common shares.
Was the FCX insider transaction by David P. Abney a market purchase or sale?
The transaction was neither a market purchase nor a sale. It is coded as a grant or award acquisition with a price of $0.00 per share, reflecting stock-based compensation rather than cash-paid buying or selling of Freeport-McMoRan shares in the open market.
What does the 2,800 RSU grant mean for FCX director David P. Abney?
The 2,800 restricted stock units represent an additional equity incentive tied to Freeport-McMoRan common stock. These RSUs typically vest over time, aligning the director’s compensation more closely with shareholder outcomes, and increase his reported beneficial ownership in the company.
On what date was the RSU grant to FCX director David P. Abney effective?
The RSU grant is reported with a transaction date of June 1, 2026. That date marks when the 2,800 restricted stock units tied to Freeport-McMoRan common stock were awarded and when they were added to Abney’s beneficial ownership in the Form 4 filing.