ABNEY DAVID P 4
Research Summary
AI-generated summary
Freeport-McMoRan Director David Abney Receives 2,800 RSUs
What Happened David P. Abney, a director of Freeport-McMoRan Inc. (FCX), was granted 2,800 restricted stock units (RSUs) on 2026-06-01. The transaction is reported as an award/grant (code A) with an acquisition price of $0.00, reflecting a compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-02.
- Award: 2,800 RSUs, reported at $0.00 per share (award/grant).
- Shares owned after transaction: the filing states Abney beneficially owns an additional 2,800 RSUs following the grant.
- Footnotes: F1 indicates these are Common Stock Restricted Stock Units (RSUs); F2 notes the post-transaction beneficial ownership includes the 2,800 RSUs.
- No late filing flag indicated in the report.
Context This was a compensation grant (RSUs), not a cash purchase or sale. RSUs typically vest according to the company's plan and do not represent immediately tradable open-market shares until vested and settled. Such awards are routine for directors and are disclosed under Section 16 reporting rules.