May 6, 2024 · Form 4 insider transaction
ADKERSON RICHARD C sold 54,771 shares of Freeport-McMoRan Inc. at $50.78 per share, a transaction worth $2.78M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
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.; 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.; Amount beneficially owned includes 1,149,333 RSUs, 1,000,000 of which are vested but deferred.