Freeport-McMoRan (NYSE: FCX) EVP sells shares through family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freeport-McMoRan Inc. executive Stephen T. Higgins reported an indirect sale of company stock. On February 20, 2026, a family trust associated with him sold 29,654 shares of Freeport-McMoRan common stock in an open-market transaction at $63.00 per share.
After this sale, the trust held 76,445 shares. Separately, Higgins held 40,333 restricted stock units directly and 17,718 shares indirectly through a 401(k) plan, with the 401(k) balance based on a plan statement as of December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 29,654 shares ($1,868,202)
Net Sell
3 txns
Insider
Higgins Stephen T.
Role
EVP & CAO
Sold
29,654 shs ($1.87M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,654 | $63.00 | $1.87M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,445 shares (Indirect, By Family Trust);
Common Stock — 40,333 shares (Direct)
Footnotes (1)
- Shares previously reported as directly held were transferred to a family trust and are now reported as indirectly held through the trust. Represents 40,333 RSUs. Based on plan statement as of December 31, 2025.
FAQ
What insider transaction did FCX executive Stephen T. Higgins report?
Stephen T. Higgins reported an indirect sale of 29,654 Freeport-McMoRan (FCX) shares at $63.00 per share. The transaction occurred on February 20, 2026 through a family trust in an open-market sale.
What is Stephen T. Higgins’s direct equity position in Freeport-McMoRan (FCX)?
Stephen T. Higgins directly held 40,333 restricted stock units (RSUs) of Freeport-McMoRan. These RSUs represent a form of equity compensation rather than currently tradable common shares, as disclosed in the Form 4 filing.
In what capacity does Stephen T. Higgins serve at Freeport-McMoRan (FCX)?
Stephen T. Higgins serves as Executive Vice President and Chief Administrative Officer of Freeport-McMoRan Inc. His role as a senior officer makes his Form 4 insider transactions relevant for tracking executive share ownership.
Was the FCX insider transaction by Stephen T. Higgins a purchase or a sale?
The reported insider activity was a sale. A family trust associated with Stephen T. Higgins sold 29,654 FCX common shares in an open-market transaction at $63.00 per share on February 20, 2026.