Insider trade

Chair sold ~$15.6M of FCX shares in the open market

Traded Feb 10, 2026 · Filed Feb 12, 2026

Freeport-McMoRanFCX

~$15.6M
Reported value · 248K sh @ $62.795: 3.51M
Holds after · shares reported: +9.5%
stock since the trade · S&P 500 +10.4%, $63.26 → $69.28 on Oct 1

Why it stands out

Freeport-McMoRan's Chairman of the Board sold $15.6M of Freeport-McMoRan shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 10, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 12, 2026

Chair$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$15,575,107

Shares × reported transaction price

Timing vs results

19 days after results of Jan 22, 2026, 72 days before results of Apr 23, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $63.26 on Feb 10, 2026, within 3% of its 52-week high, after a 19% rise over the previous 30 trading days

52-week range $29.15 (Apr 4, 2025) to $65.13 (Jan 29, 2026), 95% of the way up, from 251 adjusted closes. 30 trading days earlier: $53.04 on Dec 26, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Nov 13, 2025 in the U.S. District Court, D. Arizona. A filing is an allegation, not a finding.

Reed v. Freeport-McMoran Incorporated, docket 2:25-cv-04243, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.8%	+0.5%	+0.4%
30 days	-6.6%	-1.8%	-4.8%
90 days	+8.3%	+9.0%	-0.7%
180 days	+11.0%	+13.1%	-2.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001214659-26-001515
Filed / recorded: Feb 12, 2026, 3:46 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: FREEPORT-MCMORAN INC
Issuer CIK: 831259
Ticker: FCX
Reporting person: Richard C Adkerson
Relationship: Director, Officer
Officer title: Chairman of the Board
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 10, 2026
Transaction code: S
Shares / units: 248,031
Price per share: $62.795
Acquired / disposed: Disposed (D)
Shares owned after: 3,509,119
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents a private transaction pursuant to which the Reporting Person transferred shares of the Issuer's common stock and other assets to a family trust in exchange for other property. The Reporting Person is not a trustee or beneficiary of the family trust, and he disclaims any ownership interest in the shares held by the trust. For purposes of the exchange, the shares were valued based on the high and low average of the market price on the day of the transaction.