Richard C. Adkerson - May 6, 2024 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Signature
Kelly C. Simoneaux, on behalf of Richard C. Adkerson, pursuant to a power of attorney
Stock symbol
FCX
Transactions as of
May 6, 2024
Transactions value $
-$2,781,118
Form type
4
Date filed
5/7/2024, 05:56 PM
Previous filing
May 1, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Sale -$2.78M -54.8K -1.48% $50.78 3.65M May 6, 2024 Direct F1, F2, F3
holding FCX Common Stock 192K May 6, 2024 By IRA
holding FCX Common Stock 1.62M May 6, 2024 Through GRATs
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 29, 2024, the Reporting Person exercised stock options that were set to expire in February 2025. Following the sales reported on this Form 4 and the Form 4 filed on May 1, 2024, he has sold 224,000 shares after netting 224,378 shares from the option exercise.
F2 The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $50.5700 - $50.9700. 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.
F3 Amount beneficially owned includes 1,149,333 RSUs, 1,000,000 of which are vested but deferred.