Freeport-McMoRan (FCX) director receives 2,800 RSU grant, total holdings 34,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FREEPORT-MCMORAN INC director Sara Grootwassink Lewis reported an acquisition of equity-based compensation. On the reported date, she received a grant of 2,800 shares of Common Stock in the form of Restricted Stock Units (RSUs) with no cash price per share.
Following this grant, her total beneficial ownership rose to 34,000 shares of Common Stock, which the disclosure notes includes 7,300 RSUs. This filing reflects a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewis Sara Grootwassink
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,000 shares (Direct, null)
Footnotes (1)
- Represents a grant of Common Stock Restricted Stock Units ("RSUs"). Amount beneficially owned following the reported transaction includes 7,300 RSUs.
Key Figures
RSU grant size: 2,800 shares
Total beneficial ownership: 34,000 shares
RSUs included in holdings: 7,300 RSUs
+1 more
4 metrics
RSU grant size
2,800 shares
Grant of Common Stock RSUs to director on reported date
Total beneficial ownership
34,000 shares
Common Stock beneficially owned after the reported transaction
RSUs included in holdings
7,300 RSUs
Portion of beneficial ownership represented by Restricted Stock Units
Grant price per share
$0.0000 per share
Reported price for RSU grant, consistent with equity compensation
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 7,300 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 Freeport-McMoRan (FCX) report for Sara Grootwassink Lewis?
Freeport-McMoRan (FCX) reported that director Sara Grootwassink Lewis received a grant of 2,800 shares of Common Stock as Restricted Stock Units. This is a compensation-related equity award, not an open-market stock purchase or sale.
Was the Freeport-McMoRan (FCX) insider transaction a stock purchase or sale?
The Freeport-McMoRan (FCX) insider transaction was neither a market purchase nor a sale. It was classified as a grant or award acquisition, where director Sara Grootwassink Lewis received 2,800 Restricted Stock Units as part of her compensation.
What are RSUs in the context of the Freeport-McMoRan (FCX) Form 4 filing?
In the Freeport-McMoRan (FCX) Form 4, RSUs refer to Restricted Stock Units representing rights to receive Common Stock. The filing states that the reported transaction is a grant of RSUs and that 7,300 RSUs are included in the director’s beneficially owned amount.
Does the Form 4 for Freeport-McMoRan (FCX) indicate any derivative security exercises?
The Form 4 for Freeport-McMoRan (FCX) does not show any derivative security exercises. It reports only a non-derivative acquisition of 2,800 shares of Common Stock through a Restricted Stock Unit grant to director Sara Grootwassink Lewis.