Insider trade

Officer sold ~$1.36M of FCX shares in the open market

Traded Dec 11, 2025 · Filed Dec 13, 2025

Freeport-McMoRanFCX

~$1.36M
Reported value · 28K sh @ $47.9858: 105K
Holds after · shares reported: +44.0%
stock since the trade · S&P 500 +10.9%, $48.11 → $69.28 on Oct 1

Why it stands out

Freeport-McMoRan's & CAO sold $1.36M of Freeport-McMoRan shares. It happened by itself, for taxes or pay.

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: Dec 11, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 13, 2025

Officer$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,363,900

Shares × reported transaction price

Timing vs results

49 days after results of Oct 23, 2025, 42 days before results of Jan 22, 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 $48.11 on Dec 11, 2025, at its 52-week high, after a 14% rise over the previous 30 trading days

52-week range $29.15 (Apr 4, 2025) to $48.11 (Dec 11, 2025), 100% of the way up, from 250 adjusted closes. 30 trading days earlier: $42.19 on Oct 29, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references vesting of compensation awards

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	+6.6%	+0.6%	+6.0%
30 days	+27.0%	+1.4%	+25.6%
90 days	+21.9%	-1.7%	+23.6%
180 days	+47.6%	+10.9%	+36.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001214659-25-017990
Filed / recorded: Dec 13, 2025, 3:20 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: Stephen T. Higgins
Relationship: Officer
Officer title: EVP & CAO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 11, 2025
Transaction code: S
Shares / units: 28,423
Price per share: $47.9858
Acquired / disposed: Disposed (D)
Shares owned after: 105,294
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 $47.9800 - $48.0150. 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 includes 47,667 RSUs.