ADKERSON RICHARD C 4
4 · FREEPORT-MCMORAN INC · Filed May 7, 2024
Insider Transaction Report
Form 4
ADKERSON RICHARD C
DirectorChairman of the Board
Transactions
- Sale
Common Stock
2024-05-06$50.78/sh−54,771$2,781,118→ 3,652,478 total
Holdings
- 1,620,127(indirect: Through GRATs)
Common Stock
- 192,330(indirect: By IRA)
Common Stock
Footnotes (3)
- [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.