Robertson Maree E.

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.

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.