Form 4: Freeport-McMoRan Inc. Executive Ellie L. Mikes Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Ellie L. Mikes, Chief Accounting Officer of Freeport-McMoRan Inc., reports the disposal of shares to cover taxes upon vesting of restricted stock units.
Summary
- On February 15, 2025, Ellie L. Mikes, Chief Accounting Officer of Freeport-McMoRan Inc., disposed of 4,655 shares of common stock to cover taxes due upon the vesting of 16,667 Common Stock Restricted Stock Units (RSUs).
- The transaction was executed at a price of $39.47 per share.
- Following the transaction, Mikes beneficially owns 56,917 shares, which includes 35,333 RSUs.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: Disposal of common stock. |
| 02/19/2025 | Date of signature on the report. |
Keywords
Freeport-McMoRan, FCX, Ellie L. Mikes, Chief Accounting Officer, Form 4, Stock Disposal, Restricted Stock Units, RSUs, Beneficial Ownership, Tax Withholding
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