Valenzuela Rionda Jose Pedro 4

What Happened Jose Pedro Valenzuela, a director of Southern Copper Corp. (SCCO), received two stock awards on January 29, 2026: 400 shares and 200 shares (total 600 shares) under the company's Directors' Stock Award Plan. No per-share price or cash value was reported (N/A). These were awards for board service and for perfect attendance, not open‑market purchases or sales.

Key Details

• Transaction date: 2026-01-29 (reported on Form 4 filed 2026-02-02).
• Transaction type: A (Award/Grant) — 400 shares (F1) and 200 shares (F3).
• Price/value: N/A (shares issued as compensation awards).
• Shares beneficially owned after transaction: 4,748 total (per footnote F5), which includes 123 dividend shares received in 2025.
• Exemption/footnotes: Awards received pursuant to the Issuer's Directors' Stock Award Plan; exempt under Rule 16b-3(d) (F1 and F3). Other footnotes F2 and F4 are N/A.
• Filing timeliness: Form 4 filed Feb 2, 2026 — within the standard two-business-day filing window for Section 16 insiders.

Context Director awards are routine compensation for board service (and in this case, an attendance award) and are treated as exempt for short‑swing profit recovery under Rule 16b-3. Such grants do not necessarily indicate the director is buying stock on the open market; retail investors should weigh these awards differently than insider purchases.