SOUTHERN COPPER CORP/·4/A

Apr 22, 6:21 PM ET

VELASCO GERMAN LARREA MOTA 4/A

Research Summary

AI-generated summary

Updated

Southern Copper (SCCO) Chairman Velasco Receives 400-Share Award

What Happened

  • German Larrea Velasco, Chairman of the Board and a director of Southern Copper Corp (SCCO), received an award of 400 shares on 2025-11-03 under the company's directors' stock award plan. No price or total dollar value is listed for this award (price = N/A).
  • This transaction was reported in an amended Form 4 filed on 2026-04-22. The award was granted for board service and treated as an exempt transaction under Rule 16b-3(d).

Key Details

  • Transaction date: 2025-11-03; Filing (amendment) date: 2026-04-22 (filed late relative to the 2-business-day rule).
  • Transaction type: Award/Grant (code A); price listed as N/A; total value not disclosed.
  • Shares owned after transaction: the filing does not state a full total; it notes that 452 shares received as dividend payments in 2024 are included in the beneficial ownership reported following this award.
  • Footnotes: F1 — received pursuant to Issuer's Directors' Stock Award Plan for service as a director (exempt under Rule 16b-3(d)). F2 — N/A. F3 — 452 dividend shares included in total holdings.
  • Timeliness: This is an amended, late-filed report. Late filings reduce the immediacy of disclosure for investors.

Context

  • Director awards are a form of compensation and are routine; they do not represent open-market purchases or sales and therefore are generally less indicative of short-term trading sentiment.
  • Because no market price or dollar value is provided in the filing, investors cannot directly infer the monetary value of the award from this Form 4 alone.