Southern Copper (SCCO) executive vice president reports zero insider share ownership
Rhea-AI Filing Summary
Southern Copper Corporation disclosed that one of its executive officers, serving as Executive Vice President, filed an initial ownership report stating that they do not beneficially own any company securities. The filing is made by a single reporting person and confirms that there are no non-derivative or derivative securities, such as stock or options, held for this individual as of the reported date. This is an administrative disclosure that clarifies the officer’s current equity position in the company.
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FAQ
What does this Southern Copper (SCCO) filing say about the executive's share ownership?
The filing states that the Executive Vice President of Southern Copper Corporation (SCCO) does not beneficially own any company securities, including both common stock and derivative securities.
Is this Southern Copper (SCCO) filing made by more than one reporting person?
No. The document shows that it is a Form filed by one reporting person, covering only this specific Executive Vice President.
What type of securities are covered in this Southern Copper (SCCO) ownership report?
The report covers both non-derivative securities, such as common shares, and derivative securities, such as options or warrants. The explanation states that no securities are beneficially owned.
Why is the statement 'No securities are beneficially owned' important for SCCO investors?
It clarifies that this particular Southern Copper executive currently has no reported ownership in SCCO securities, providing transparency on insider holdings for this officer.
Who signed this Southern Copper (SCCO) beneficial ownership statement?
The statement is signed by /s/ Andres C. Ferrero, Attorney-in-Fact, acting on behalf of the reporting person, confirming the accuracy of the disclosure.