QUIRK KATHLEEN L 4
4 · FREEPORT-MCMORAN INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Freeport (FCX) CEO Kathleen Quirk Withholds 28,244 Shares for Taxes
What Happened
- Kathleen L. Quirk, President & CEO and a director of Freeport‑McMoRan (FCX), had 28,244 shares withheld on Feb 15, 2026 to satisfy tax withholding related to RSU vesting. The shares were recorded at $62.84 each, for a withholding value of $1,774,853. This was a tax-withholding disposition (code F), not an open‑market sale.
Key Details
- Transaction date and price: 2026-02-15 at $62.84 per share.
- Shares withheld/removed: 28,244 shares; value ≈ $1,774,853.
- Related vesting: Withholding covered taxes due on 71,500 RSUs that vested (footnote F1).
- Beneficial ownership note: The filing states the amount beneficially owned includes 123,666 RSUs (footnote F2).
- Filing: Report filed 2026-02-18 reporting the Feb 15 transaction (no late‑filing indication in the form).
Context
- This was a routine tax-withholding action tied to RSU vesting (code F). Shares were withheld to meet tax obligations rather than sold in the open market, so it’s generally considered administrative rather than a directional insider trade.
Insider Transaction Report
Form 4
QUIRK KATHLEEN L
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-02-15$62.84/sh−28,244$1,774,853→ 2,251,243 total
Footnotes (2)
- [F1]Shares withheld to cover the taxes due upon the vesting of 71,500 Common Stock Restricted Stock Units ("RSUs").
- [F2]Amount beneficially owned includes 123,666 RSUs.
Signature
Kelly C. Simoneaux, on behalf of Kathleen L. Quirk pursuant to a power of attorney|2026-02-18