Form 4: QUIRK KATHLEEN L reports multiple insider transactions in FCX

Rhea-AI Filing Summary

QUIRK KATHLEEN L reported multiple insider transaction types in a Form 4 filing for FCX. The filing lists transactions totaling 232,479 shares at a weighted average price of $60.67 per share. Following the reported transactions, holdings were 2,332,466 shares.

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^*

QUIRK KATHLEEN L

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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	02/09/2026		A(1)		47,000	A	$0	2,199,966	D
Common Stock	02/09/2026		A(2)		132,500	A	$0	2,332,466	D
Common Stock	02/09/2026		F(3)		52,979	D	$60.67	2,279,487(4)	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. Represents a grant of Common Stock Restricted Stock Units ("RSUs").

2. Shares acquired through the vesting of performance share units ("PSUs") granted on February 7, 2023.

3. Shares withheld to cover the taxes due upon the vesting of PSUs.

4. Amount beneficially owned includes 195,166 RSUs.

Remarks:

In addition to the awards reported herein, on February 9, 2026, the Reporting Person also received a grant of PSUs, which will be reflected on a Form 4 if and when such units vest. Vesting of the PSUs will be determined by the Issuer's average return on investment and relative TSR over the three-year performance period ending December 31, 2028.

	Kelly C. Simoneaux, on behalf of Kathleen L. Quirk pursuant to a power of attorney	02/11/2026
	** 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.

FAQ

What stock awards did Freeport-McMoRan (FCX) CEO Kathleen L. Quirk receive on February 9, 2026?

Kathleen L. Quirk received a grant of 47,000 shares via restricted stock units and 132,500 shares through vesting of performance share units granted on February 7, 2023, increasing her directly held and equity-based compensation in Freeport-McMoRan common stock.

Why were 52,979 Freeport-McMoRan (FCX) shares disposed of in Quirk’s Form 4?

The 52,979 shares were withheld at $60.67 per share to cover taxes due upon the vesting of performance share units. This tax-withholding disposition is not an open-market sale but a standard mechanism to satisfy withholding obligations.

How many Freeport-McMoRan (FCX) shares does CEO Kathleen L. Quirk beneficially own after these transactions?

After the reported transactions, Kathleen L. Quirk directly beneficially owns 2,279,487 shares of Freeport-McMoRan common stock. This total includes 195,166 restricted stock units that represent additional equity-based compensation linked to the company’s shares.

What do the restricted stock units (RSUs) reported by Freeport-McMoRan (FCX) represent?

The 47,000 restricted stock units represent a grant of common stock-based awards to Kathleen L. Quirk. RSUs typically convert into common shares upon meeting vesting conditions, aligning executive compensation with company performance and long-term shareholder value.

What are the performance conditions for the new PSUs mentioned for Freeport-McMoRan (FCX) CEO?

The new performance share units granted on February 9, 2026 will vest based on Freeport-McMoRan’s average return on investment and relative total shareholder return over a three-year performance period ending December 31, 2028, linking payout levels to multi-year performance.

How is the PSU vesting from the February 7, 2023 grant reflected in Freeport-McMoRan (FCX) CEO’s holdings?

Shares from PSUs granted on February 7, 2023 vested on February 9, 2026, adding 132,500 shares to Kathleen L. Quirk’s holdings. Part of these vested shares was simultaneously withheld to cover associated tax liabilities, as reported in the same Form 4.