ARIZTEGUI ANDREVE VICENTE 4

What Happened
Andreve Vicente Ariztegui, a director of Southern Copper Corp. (SCCO), was granted a total of 600 shares on 2026-01-29: 200 shares awarded for perfect attendance and 400 shares awarded for service as a director. No dollar price or market value is reported for these grants (listed as N/A). These were awards (not open-market purchases or sales), so they reflect director compensation rather than a personal buy or sell decision.

Key Details

• Transaction date: 2026-01-29 (grants of 200 and 400 shares).
• Price/value: N/A (awarded shares; no purchase price reported).
• Award exemptions: Grants reported as exempt transactions under Rule 16b-3(d) (footnotes indicate 200 shares for attendance and 400 for service).
• Beneficial ownership note: The filing states the post-transaction beneficial ownership count includes 157 shares received as dividend payments in 2024 and 313 shares received as dividend payments in 2025 (footnote).
• Filing timeliness: Form 4 was filed on 2026-02-19, which is well after the typical two-business-day reporting window for Form 4 — this appears to be a late filing.

Context
Director stock awards are routine compensation and are generally considered administrative rather than a market signal. The Rule 16b-3(d) exemption means these awards are treated as standard board compensation for Section 16 reporting purposes. Late filing affects disclosure timeliness for investors but does not change the economic nature of the awards.