Southern Copper Director Awarded 400 Common Shares
SOUTHERN COPPER CORP/
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Filing Summary
SEC Form 4 Alert: SOUTHERN COPPER CORP/ ($SCCO) Insider: Arrigunaga Gomez del Campo Javier (Director) Transaction: Award (Code: A) | Common Stock Shares Transacted: 400 Price per Share: N/A ($0.00) Total Value: $0.00 Post-Transaction Ownership: 5,948 shares (Direct) Significance: Low (Routine director stock award)
Comprehensive Analysis
Executive Summary
On October 30, 2026, Javier Arrigunaga Gomez del Campo, a director of Southern Copper Corp ($SCCO), acquired 400 shares of Common Stock under the Issuer's Directors' Stock Award Plan. The transaction is an exempt stock grant for board service with no open-market cash outlay, increasing his direct beneficial ownership to 5,948 shares.
Transaction Details
- Security: Common Stock
- Transaction Code: A (Grant or award)
- Shares Acquired: 400
- Price per Share: $0.00 (Exempt grant pursuant to Rule 16b-3(d))
- Post-Transaction Holdings: 5,948 shares held directly
Market & Trading Significance
The trading significance is evaluated as Low. This transaction represents standard equity compensation for non-employee director service rather than discretionary open-market buying. While it marginally aligns the director's equity stake with shareholders, it does not provide an actionable directional trading signal.
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Important Disclaimer
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