Southern Copper Director Receives Annual Stock Award of 400 Shares
SOUTHERN COPPER CORP/
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Filing Summary
📋 Form 4 Filing: Southern Copper Corp ($SCCO) Insider: Luis Miguel Palomino Bonilla (Director) Transaction: Award / Grant of 400 Common Shares Price: $0 (Exempt under Rule 16b-3(d)) Post-Transaction Holdings: 1,803 shares Significance: Low (Routine director equity compensation)
Comprehensive Analysis
Transaction Overview
On October 30, 2026, Southern Copper Corp ($SCCO) director Luis Miguel Palomino Bonilla received an award of 400 shares of common stock. The acquisition was granted pursuant to the issuer's Directors' Stock Award Plan as compensation for board service, qualifying as an exempt transaction under SEC Rule 16b-3(d).
Key Metrics
- Security: Common Stock
- Shares Acquired: 400
- Price: $0 (Award)
- Direct Ownership Post-Transaction: 1,803 shares
Market & Trading Significance
This transaction carries Low trading significance. It reflects standard board equity compensation rather than discretionary open-market buying or selling activity, providing minimal new directional signaling for investors.
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Important Disclaimer
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