Insider trade

Chair sold ~$8.58M of FCX shares in the open market

Traded Feb 11, 2026 · Filed Feb 12, 2026

Freeport-McMoRanFCX

~$8.58M
Reported value · 133K sh @ $64.568: 3.38M
Holds after · shares reported: +5.8%
stock since the trade · S&P 500 +10.4%, $65.46 → $69.28 on Oct 1

Why it stands out

Freeport-McMoRan's Chairman of the Board sold $8.58M 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 11, 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

~$8,576,180

Shares × reported transaction price

Timing vs results

20 days after results of Jan 22, 2026, 71 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 $65.46 on Feb 11, 2026, at its 52-week high, after a 27% rise over the previous 30 trading days

52-week range $29.15 (Apr 4, 2025) to $65.46 (Feb 11, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $51.48 on Dec 29, 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 11, 2026
Transaction code: S
Shares / units: 132,824
Price per share: $64.568
Acquired / disposed: Disposed (D)
Shares owned after: 3,376,295
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $64.1700 - $65.1300. 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.