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Southern Copper Director Receives Annual Stock Grant
SOUTHERN COPPER CORP/
$SCCO4CIK: 0001001838
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Filing Summary
=== SEC Form 4: Southern Copper Corp. (SCCO) ===
Insider: SACRISTAN CARLOS RUIZ (Director)
Action: Grant/Award (Code A)
Amount: 400 shares @ $0.00 (Award)
Post-Hold: 29,447 shares (Direct)
Filing Date: 2026-10-30
Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Executive Summary
On October 30, 2026, Southern Copper Corp. ($SCCO) director Carlos Ruiz Sacristan acquired 400 shares of common stock pursuant to the company's Directors' Stock Award Plan. The transaction is an exempt award under Rule 16b-3(d) for service as a director, bringing his total direct ownership to 29,447 shares.
Transaction Assessment
- Nature of Transaction: Non-market award/grant under the company's director compensation program.
- Significance: Low. This represents standard equity compensation rather than discretionary open-market buying or selling.
- Ownership Impact: The award increases the director's holdings by approximately 1.38% to 29,447 shares.
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