KENNARD LYDIA H 4

What Happened
Lydia H. Kennard, a director of Freeport‑McMoRan Inc. (FCX), was granted 2,800 restricted stock units (RSUs) on 2026-06-01. The Form 4 reports the acquisition at $0.00 per share (total reported value $0), indicating these were an equity award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-02.
• Transaction type: Award/Grant (code A) of 2,800 RSUs; reported price $0.00.
• Shares/units beneficially owned after transaction: includes the 2,800 RSUs (per footnote).
• Footnotes: F1 — the grant represents Common Stock Restricted Stock Units (RSUs). F2 — the post-transaction beneficial ownership figure includes these 2,800 RSUs.
• Filing timing: Form 4 was filed the day after the grant; this appears to be within the standard two-business-day reporting window for insiders.

Context
RSUs are compensation awards that typically convert to company shares upon vesting; they are not an immediate open‑market purchase and do not by themselves indicate the insider is buying or selling stock. Because this is a compensation grant to a director, it’s usually part of routine equity-based pay rather than a direct signal of personal trading intent.