FCX FREEPORT-MCMORAN INC Insider Trading

EVP Higgins sells 29,654 FCX shares at $63.00; stock now $67.88; cross-ticker track record shows 90d well-timed rate 100.00%

Higgins sold 29,654 shares (29.7K shares) at $63.00 on 2026-02-20, reducing his holdings by 27.9% from 106,099 to 76,445 shares, for a total of $1,868,202.00 ($1.9M). The stock has since rallied to $67.88 (the 52-week high), meaning this sale was executed ahead of the most recent appreciation—specifically the 12.4% gain over the past 30 days. His cross-ticker open-market track record shows 4 prior sells with a 90-day well-timed rate of 100.00%, and 3 of his 3 prior FCX sales were well-timed at the 90-day mark, suggesting a pattern of selling before downturns rather than at local tops. The current stock price at the 52-week peak contradicts that pattern for this transaction. Investors should note whether this represents a departure from his demonstrated timing discipline or reflects near-term profit-taking at a cyclical high in a commodity-exposed producer ($7.0B revenue, $1.2B net income, P/E 23.99).

CFO Robertson sold 48.5K FCX shares at $61.55; reduces holdings 41.1%, mirrors prior 2024 sell pattern with negative 90d returns

Robertson Maree E., EVP & CFO, sold 48,500 shares of Freeport-McMoRan at $61.55 on 2026-02-13, reducing holdings from 118,040 to 69,540 shares (a -41.1% reduction). This sale follows an identical pattern from his prior transaction at FCX on 2024-11-11, which also posted negative 90-day returns of -14.9%. Across his cross-ticker track record (1 prior open-market sell), he has achieved a 90-day well-timed rate of 100%, with the same -14.9% average 90-day return, indicating his prior sales consistently preceded stock declines. The current price of $62.55 sits -4.4% from the 52-week high of $65.46, while the stock has gained 57.8% over 90 days and 6.5% over 30 days, suggesting the transaction occurred after substantial appreciation. The company's fundamentals show quarterly revenue of $6,972,000,000, net income of $1,247,000,000, and a P/E of 22.10, placing it at a relatively elevated valuation multiple for a commodity producer.

Chairman Adkerson sells 400,991 shares over 2 days for $25.5M; stock at 52-week high as fundamentals strengthen.

Richard C. Adkerson, Chairman of Freeport-McMoran, executed 3 separate sales totaling 400,991 shares for $25,464,329.06 across two trading days (Feb 10–11), reducing his holdings by 10.7% to 3,356,159 shares. The sales occurred at a blended average price of $63.50, within a tightening band near the stock's 52-week high of $65.46. Notably, the stock has rallied 11.5% over the prior 30 days and 61.5% over 90 days, while FCX fundamentals remain robust with annual revenue growth of 11.4%, net income of $1,247,000,000.00, and a market cap of $93,996,021,003.60. Adkerson's prior two sales at FCX (May 2024, April 2024) were both well-timed at the 90-day mark, suggesting a pattern of selling ahead of or at cyclical inflection points. This sale's proximity to a 52-week high and strong recent momentum warrants attention to whether it reflects a strategic reassessment of valuation or near-term business outlook.

EVP & General Counsel Douglas N. Currault sold 75,000 FCX shares at $64.52 for $4.8M, reducing stake by -25.5%

Currault Douglas N. II sold 75,000 shares (75.0K shares) at $64.52 on 2026-02-11, reducing his holdings from 294,181 shares to 219,181 shares—a substantial -25.5% reduction in his position. The sale occurred near the 52-week high of $65.46, with the stock up +11.5% over the prior 30 days and +61.5% over the prior 90 days. His cross-ticker track record shows a 100.00% well-timed sell rate (1 prior open-market sell, with negative 90-day return), and his same-ticker history at FCX shows 1 prior sale on 2024-04-29 that was similarly well-timed at the 90-day mark. The transaction's significance is tempered by the absence of any Flag indicating a 10b5-1 plan, meaning the timing decision resides with the insider, yet the execution near a 52-week high and the consistency with his historical pattern merit monitoring.

EVP Higgins sold 28,423 shares of FCX at $47.99; prior 3 same-ticker sells all showed negative 90d returns (-5.4% to -21.1%).

Higgins Stephen T. (EVP & CAO) sold 28,423 shares (28.4K shares) of Freeport-McMoRan Inc on 2025-12-11 at $47.99, reducing his holdings by 21.3% to 105,294 shares. His three prior open-market sales at FCX, conducted in May 2024, all preceded declines at the 90-day horizon: -21.1%, -13.3%, and -14.2% respectively, establishing a pattern of well-timed exits. The current sale occurs near the 52-week high ($48.11), with the stock up 13.3% over 30 days and 6.0% over 90 days from prior levels. The company's fundamentals show solid underlying health (Revenue $7.0B, Net income $1.2B, Annual revenue growth +11.4%, P/E 15.79), suggesting the sale reflects portfolio management rather than distress signaling. The pattern of prior well-timed exits at this ticker warrants observation of whether this trade similarly precedes a pullback.

CFO Robertson sold 13,000 FCX shares at $44.91; holdings reduced to 68,198 shares (-16.0%)

Robertson Maree E., EVP & CFO, sold 13,000 shares on 2024-11-11 at $44.91 per share, reducing her holdings from 81,198 to 68,198 shares. The sale occurred when FCX was trading near its 52-week range midpoint and 20.5% below the 52-week high of $54.86, suggesting the executive did not wait for peak valuations. With a market cap of $62.7B, net income of $1.2B, and a low P/E of 13.37, the company shows solid fundamentals and profitability, yet the stock has declined 12.8% over the past 30 days. The reduction of 16.0% of prior holdings represents a material decrease in equity exposure, warranting observation of whether this reflects a broader portfolio adjustment or signals changing confidence in near-term trajectory.