VELASCO GERMAN LARREA MOTA 4

What Happened Velasco German Larrea Mota, Chairman of the Board of Southern Copper Corp. (SCCO), received an award of 400 shares on July 24, 2026. The Form 4 lists the transaction as an award/acquisition (code A); no purchase price or total value is reported (price listed as N/A). This was a director compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-24; Form 4 filed: 2026-07-28 (timely within the standard two-business-day window).
• Shares received: 400; price per share: N/A; total value: N/A (not disclosed on the filing).
• Shares owned after the transaction: not specified in the filing.
• Footnote: Received pursuant to the Issuer's Directors' Stock Award Plan for service as a director; transaction exempt under Rule 16b-3(d). (Footnote 2: N/A.)

Context Director stock awards are routine compensation for board service and are typically treated as administrative/exempt transactions, not direct indicators of insider sentiment. This filing reports an award (not a sale or exercise) and does not provide cash proceeds or a per-share dollar value.