Castillo Sanchez Mejorada Enrique 4

What Happened
Enrique Castillo Sanchez Mejorada, a director of Southern Copper Corp. (SCCO), was granted a total of 600 shares on 2026-01-29 via director awards (two grants: 200 and 400 shares). No purchase price or dollar value is reported for these awards (shares listed as N/A). These were awards/grants (transaction code A), not open-market buys or sales.

Key Details

• Transaction date: 2026-01-29 (filed on Form 4 2026-02-02 — within the usual two-business-day reporting window).
• Grants: 200 shares (F1) and 400 shares (F3); both reported as exempt under Rule 16b-3(d).
• Price: N/A (award/grant; no cash paid).
• Shares beneficially owned after the transaction: filing notes the post-transaction total includes 140 shares paid as dividend payments in 2025 (F5); the full post-transaction total number is not provided in the summary here.
• Footnotes: F1 = awarded for perfect attendance as a director (exempt under Rule 16b‑3(d)); F3 = awarded for service as a director (exempt under Rule 16b‑3(d)); F5 = includes 140 shares from 2025 dividend payments.
• Timeliness: Filed on 2026-02-02 for a 2026-01-29 grant (appears timely).

Context Director stock awards are a common form of non-cash compensation and are typically exempt under Rule 16b-3 to avoid short-swing profit liability; they do not necessarily indicate the director is buying or selling based on market views. Because no price or sale occurred, these grants are primarily compensation-related rather than a direct signal of insider sentiment.