SACRISTAN CARLOS RUIZ 4

What Happened
Carlos Ruiz, a director of Southern Copper Corp. (SCCO), was awarded a total of 600 shares on January 29, 2026 (two awards: 200 shares and 400 shares). No dollar price or market value is listed for these awards (reported as N/A). The awards were granted under the issuer's Directors' Stock Award Plan and are reported as acquisitions (transaction code A).

Key Details

• Transaction date: 2026-01-29 (two awards: 200 shares and 400 shares).
• Price: N/A (awards; no open-market purchase price reported).
• Award basis: Footnotes state the 200-share award was for "perfect attendance as a director" and the 400-share award was for "service as a director" (exempt under Rule 16b-3(d)).
• Beneficial ownership note: The filing says the total number of shares beneficially owned following the transaction includes 500 shares paid as dividend payments in 2025. The filing does not list a consolidated post-transaction total in the summary provided here.
• Timeliness: The filing shows the report date 2026-02-02 for a 2026-01-29 transaction; no late-filing flag was indicated in the details provided.

Context
Director awards are routine compensation and are reported as acquisitions but do not reflect an open-market purchase decision by the director. Awards granted under the Directors' Stock Award Plan and exempt under Rule 16b-3 are common and generally intended as compensation rather than a direct bullish signal. The filing’s note that some shares came from dividend payments simply reflects dividend reinvestment or stock dividend treatment, not a market trade.