SCCO Director Awarded 400 Shares for Board Service
SOUTHERN COPPER CORP/
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Filing Summary
SCCO Director Awarded 400 Shares for Board Service
Company: SOUTHERN COPPER CORP/ (SCCO) Form: 4 | Filed: 2025/11/04 Significance: Low
Insider: Arrigunaga Gomez del Campo Javier Title: N/A | Relationship: Director
Transaction: • Type: Grant • Shares: 400 • Price: N/A • Value: N/A • Owned After: 4,025
Key Insight: A director received a routine stock award for board service, a non-cash transaction with negligible market impact.
Market Context: This grant represents less than 0.0001% of total shares outstanding for the $112.7B copper producer, a non-material event.
Comprehensive Analysis
SEC Filing Analysis: SOUTHERN COPPER CORP/ (SCCO)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director received a routine, minor stock award for board services, representing a negligible change in ownership.
- Market Impact: Neutral. The transaction is too small to have any market impact.
Company Information
| Field | Value |
|---|---|
| Company | SOUTHERN COPPER CORP/ |
| Ticker Symbol | SCCO |
| CIK | 0001001838 |
| Industry | METAL MINING |
Insider Information
| Field | Value |
|---|---|
| Name | Arrigunaga Gomez del Campo Javier |
| CIK | 0002025289 |
| Title/Position | N/A |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-03 |
| Transaction Code | A (Grant) |
| Security Type | Common Stock |
| Shares Involved | 400 |
| Price Per Share | N/A |
| Total Value | N/A |
| Shares Owned After | 4,025 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 (Grant) |
| % of Market Cap | 0.0% |
| Shares Transacted | 400 |
| % of Shares Outstanding | 0.000045% |
| Post-Transaction Ownership | 4,025 shares (0.000455% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction involves a negligible number of shares for a company with a market capitalization of $112.73 billion.
- Ownership Concentration: The insider's post-transaction ownership of 4,025 shares is insignificant relative to the 884.6 million shares outstanding.
- Dilution Impact: The issuance of 400 shares has a virtually zero dilutive effect on existing shareholders.
- Transaction Significance: The transaction is a routine grant for director services, as noted in the filing's footnotes, and carries no significant trading signal.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is a standard, pre-disclosed form of compensation for a board member. The size of the grant is immaterial to the company's valuation and public float.
Volume & Sentiment
- Expected Volume Impact: None. This type of filing does not typically influence trading volume.
- Sentiment Indicator: Neutral. The market views such routine compensation grants as standard corporate governance.
Additional Context
Transaction Notes
- Special Circumstances: The shares were received under the issuer's Directors' Stock Award Plan for service as a director and are exempt under Rule 16b-3(d). The price is not applicable as it is a grant, not an open market purchase.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
