Freeport-McMoRan (FCX) EVP & CAO reports sale of 28,423 shares at $47.99

Rhea-AI Filing Summary

Freeport-McMoRan Inc. executive reports stock sale

Freeport-McMoRan Inc. EVP & CAO Stephen T. Higgins reported selling 28,423 shares of the company’s common stock on 12/11/2025. The sale was executed at a weighted average price of $47.9858 per share, with individual trades occurring between $47.9800 and $48.0150.

After this transaction, Higgins beneficially owns 105,294 shares directly, which includes 47,667 RSUs, as well as 18,818 shares held indirectly through a family trust and 17,446 shares held indirectly through a 401(k) plan, the latter based on a plan statement as of December 31, 2024.

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^*

Higgins Stephen T.

(Last) (First) (Middle)

333 N. CENTRAL AVENUE

(Street)

PHOENIX AZ 85004

(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 & CAO

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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	12/11/2025		S		28,423	D	$47.9858(1)	105,294(2)	D
Common Stock								18,818	I	By Family Trust
Common Stock								17,446(3)	I	By 401(k)

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. The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $47.9800 - $48.0150. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

2. Amount beneficially owned includes 47,667 RSUs.

3. Based on plan statement as of December 31, 2024.

Remarks:

	Kelly C. Simoneaux, on behalf of Stephen T. Higgins pursuant to a power of attorney	12/12/2025
	** 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 insider transaction did Freeport-McMoRan (FCX) report for its EVP & CAO?

The EVP & CAO, Stephen T. Higgins, reported selling 28,423 shares of Freeport-McMoRan common stock on 12/11/2025.

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

The shares were sold at a weighted average price of $47.9858 per share, with trade prices ranging from $47.9800 to $48.0150.

How many Freeport-McMoRan (FCX) shares does the reporting person own after the sale?

After the sale, the reporting person beneficially owns 105,294 shares directly, plus 18,818 shares indirectly through a family trust and 17,446 shares indirectly through a 401(k) plan.

Does the EVP & CAO of FCX hold restricted stock units (RSUs)?

Yes. The amount beneficially owned directly includes 47,667 RSUs as disclosed in the explanation of responses.

What does the price range disclosure in the FCX Form 4 mean?

The filing states that the reported price is a weighted average and that shares were sold at various prices between $47.9800 and $48.0150, with an undertaking to provide detailed trade information upon request.

Who signed the Freeport-McMoRan (FCX) Form 4 for this transaction?

The Form 4 was signed by Kelly C. Simoneaux on behalf of Stephen T. Higgins pursuant to a power of attorney on 12/12/2025.