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FREEPORT-MCMORAN INC·4

Jun 2, 5:35 PM ET

Lance Ryan Michael 4

Research Summary

AI-generated summary

Updated

Freeport-McMoRan Director Lance Ryan Michael Receives 2,800 RSUs

What Happened
Lance Ryan Michael, a director of Freeport‑McMoRan Inc. (FCX), received a grant of 2,800 restricted stock units (RSUs) on 2026-06-01. The reported acquisition price is $0.00 per share (an award/compensation grant), so there was no cash purchase. The filing shows he beneficially owns 6,300 RSUs following the grant.

Key Details

  • Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (next-day filing).
  • Transaction type/code: A — Award/Grant/Other Acquisition of RSUs.
  • Shares granted: 2,800 RSUs at $0.00 per share (no cash outlay).
  • Shares/RSUs owned after transaction: 6,300 RSUs (per footnote).
  • Footnotes: F1 = grant of Common Stock Restricted Stock Units (RSUs); F2 = amount beneficially owned after transaction includes 6,300 RSUs.
  • No indication of a sale, option exercise, tax withholding, 10b5-1 plan, or late filing in the reported data.

Context
RSUs are typically a form of equity compensation that vest over time and do not necessarily reflect an immediate market view by the insider. This grant is a routine director compensation event rather than an open‑market purchase or sale. Investors should note vesting schedules and company disclosures for when these RSUs may convert to tradable shares.