FREEPORT-MCMORAN (FCX) CAO reports $62/share stock sale and RSU tax withholding

Rhea-AI Filing Summary

FREEPORT-MCMORAN INC Chief Accounting Officer Ellie L. Mikes reported two stock transactions involving the company’s common stock. On February 18, 2026, she completed an open-market sale of 11,000 shares at a weighted average price of $62.0314 per share.

On February 15, 2026, 4,988 shares were disposed of to cover taxes due upon the vesting of 17,333 restricted stock units (RSUs), rather than as an open-market sale. After these transactions, she beneficially owned 40,773 shares, including 36,000 RSUs.

Insider Trade Summary

Net Seller: 11,000 shares ($682,345)

Net Sell 2 txns

Insider Mikes Ellie L.

Role Chief Accounting Officer

Sold 11,000 shs ($682K)

Type	Security	Shares	Price	Value
Sale	Common Stock	11,000	$62.0314	$682K
Tax Withholding	Common Stock	4,988	$62.84	$313K

Holdings After Transaction: Common Stock — 40,773 shares (Direct)

Footnotes (1)

1. Shares withheld to cover the taxes due upon the vesting of 17,333 Common Stock Restricted Stock Units ("RSUs"). The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $62.0300 - $62.0501. 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. Amount beneficially owned following the reported transaction includes 36,000 RSUs.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Mikes Ellie 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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	02/15/2026		F(1)		4,988	D	$62.84	51,773	D
Common Stock	02/18/2026		S		11,000	D	$62.0314(2)	40,773(3)	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. Shares withheld to cover the taxes due upon the vesting of 17,333 Common Stock Restricted Stock Units ("RSUs").

2. The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $62.0300 - $62.0501. 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.

3. Amount beneficially owned following the reported transaction includes 36,000 RSUs.

Remarks:

	Kelly C. Simoneaux on behalf of Ellie L. Mikes pursuant to a power of attorney	02/18/2026
	** 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 insider stock transactions did FCX executive Ellie L. Mikes report?

Ellie L. Mikes reported selling 11,000 shares of FREEPORT-MCMORAN common stock in an open-market sale and disposing of 4,988 shares to cover taxes on vested RSUs. Both transactions involved directly held common stock.

At what price did Ellie L. Mikes sell FREEPORT-MCMORAN (FCX) shares?

She sold 11,000 FREEPORT-MCMORAN common shares at a weighted average price of $62.0314 each. A footnote notes individual trades occurred between $62.0300 and $62.0501, with full price breakdowns available upon regulatory or holder request.

Why were 4,988 FREEPORT-MCMORAN (FCX) shares disposed of by Ellie L. Mikes?

The 4,988 shares were withheld to pay taxes due upon vesting of 17,333 restricted stock units. This tax-withholding disposition satisfied the tax liability rather than representing a discretionary open-market sale of those shares.

How many FREEPORT-MCMORAN (FCX) shares does Ellie L. Mikes own after these transactions?

Following the reported transactions, Ellie L. Mikes beneficially owned 40,773 FREEPORT-MCMORAN common shares. This total includes 36,000 restricted stock units, which are part of her equity-based compensation awards tied to company stock.

What types of transactions were reported in this FREEPORT-MCMORAN (FCX) Form 4?

The Form 4 reports one open-market sale of 11,000 common shares coded as “S” and one tax-withholding disposition of 4,988 shares coded as “F.” Both transactions involve non-derivative common stock directly owned by Ellie L. Mikes.

What does the weighted average sale price disclosure mean in this FCX Form 4?

The filing lists a weighted average price of $62.0314 for the 11,000 sold shares, with actual trades between $62.0300 and $62.0501. The insider committed to provide detailed trade-by-trade pricing information upon request to regulators or shareholders.