SACRISTAN CARLOS RUIZ 4
Research Summary
AI-generated summary
Southern Copper (SCCO) Director Carlos Ruiz Sacristan Receives 400 Shares
What Happened
Carlos Ruiz Sacristan (listed on the filing as SACRISTAN CARLOS RUIZ), a director of Southern Copper Corp. (SCCO), received a grant of 400 shares on May 4, 2026. The Form 4 lists this as an award/acquisition (code A); no per-share price or total dollar value is provided on the filing.
Key Details
- Transaction date: 2026-05-04 (reported on Form 4 filed 2026-05-06). The filing appears timely (within the Form 4 reporting window).
- Shares acquired: 400 shares (award/grant). Price/total value: not disclosed (N/A on the form).
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — "Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3(d)."
- Transaction type: Award/Grant to a director (routine compensation), not a market purchase or sale.
Context
Director awards under a company's directors' stock award plan are common forms of compensation and are treated as exempt under Rule 16b-3(d); they generally reflect routine pay for service rather than a personal buy/sell decision. Because no purchase price or immediate sale was reported, this filing does not by itself indicate a bullish or bearish insider signal.