Southern Copper ($SCCO) Chairman Receives 400 Shares via Director Award Plan
SOUTHERN COPPER CORP/
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Filing Summary
📋 Form 4 Filing: Southern Copper Corp ($SCCO) Insider: German Larrea Mota Velasco (Chairman of the Board) Transaction: Award (Code A) of 400 Common Stock shares Price: $0.00 (N/A - Directors' Stock Award Plan) Post-Transaction Holdings: 405,326 shares Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Transaction Overview
On October 30, 2026, German Larrea Mota Velasco, Chairman of the Board at Southern Copper Corp ($SCCO), acquired 400 shares of Common Stock as an equity award under the Issuer's Directors' Stock Award Plan.
Key Details
- Transaction Code:
A(Grant, award, or other acquisition under Rule 16b-3(d)) - Shares Acquired: 400 shares
- Price per Share: $0.00 (Exempt stock award for board service)
- Direct Holdings After Transaction: 405,326 shares
Significance
This filing represents standard, recurring director equity compensation rather than discretionary open-market buying or selling. The transaction represents less than 0.1% of the Chairman's direct holdings and carries low predictive significance for investors.
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Important Disclaimer
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