Freeport-McMoRan (NYSE: FCX) EVP reports 14,277-share stock sale
Rhea-AI Filing Summary
Freeport-McMoRan executive Stephen T. Higgins, EVP & CAO, reported a sale of 14,277 shares of common stock at $69.50 per share on August 5, 2026, through a family trust. After this sale, the trust held 54,618 shares. Higgins also reported 40,333 Restricted Stock Units directly and 17,761 shares held indirectly through a 401(k) plan.
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Insights
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Insider Trade Summary
Net Seller: 14,277 shares
Net Sell
3 txns
Insider
Higgins Stephen T.
Role
EVP & CAO
Sold
14,277 shs ($992K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,277 | $69.50 | $992K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,618 shares (Indirect, By Family Trust);
Common Stock — 40,333 shares (Direct);
Common Stock — 17,761 shares (Indirect, By 401(k))
Footnotes (2)
- F1. Represents 40,333 Common Stock Restricted Stock Units.
- F2. Based on plan statement as of February 26, 2026.
Key Figures
Shares sold: 14,277 shares
Sale price: $69.50 per share
Family trust holdings after sale: 54,618 shares
+2 more
5 metrics
Shares sold
14,277 shares
Common Stock sale on August 5, 2026 by family trust
Sale price
$69.50 per share
Price for 14,277-share Common Stock sale
Family trust holdings after sale
54,618 shares
Indirect Common Stock ownership by family trust following transaction
Restricted Stock Units
40,333 units
Common Stock Restricted Stock Units held directly by Higgins
401(k) plan holdings
17,761 shares
Indirect Common Stock in 401(k), based on plan statement as of February 26, 2026
Key Terms
Restricted Stock Units, Family Trust, 401(k), indirect ownership
4 terms
Restricted Stock Units financial
"Represents 40,333 Common Stock Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Family Trust financial
"Indirect ownership reported as By Family Trust."
401(k) financial
"Indirect ownership nature listed as By 401(k)."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
indirect ownership financial
"Ownership type marked indirect for Family Trust and 401(k) holdings."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FCX executive Stephen T. Higgins report?
Stephen T. Higgins reported a sale of 14,277 Freeport-McMoRan (FCX) shares of common stock at $69.50 per share on August 5, 2026, executed through a family trust. The filing also updates his remaining share and award holdings.
What is Stephen T. Higgins’s remaining FCX ownership after this sale?
After the sale, a family trust associated with Higgins held 54,618 FCX shares. He also reported 40,333 Restricted Stock Units directly and 17,761 shares held indirectly via a 401(k) plan, based on a plan statement dated February 26, 2026.
How are Stephen T. Higgins’s FCX holdings structured (direct vs indirect)?
Higgins reported 40,333 Restricted Stock Units as a direct interest. Indirectly, a family trust held 54,618 shares after the sale, and a 401(k) plan held 17,761 shares, with the 401(k) amount based on a February 26, 2026 plan statement.
Were any derivative or option transactions reported in this FCX Form 4?
No derivative option exercises were reported. The filing shows one common stock sale of 14,277 shares through a family trust plus updated holdings, including 40,333 Common Stock Restricted Stock Units and 17,761 shares in a 401(k) plan, but no option exercises.