Southern Copper (SCCO) director granted 600 new shares in stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southern Copper Corporation director Enrique Castillo Sanchez Mejorada received stock awards totaling 600 shares of common stock on January 29, 2026. He was granted 200 shares for perfect attendance as a director and 400 shares for his service under the company’s Directors' Stock Award Plan.
Following these awards, he directly beneficially owns 5,187 Southern Copper shares, which includes 140 shares received as dividend payments in 2025. These awards are classified as exempt transactions under Rule 16b-3(d).
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Castillo Sanchez Mejorada Enrique
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200 | $0.00 | -- |
| Grant/Award | Common Stock | 400 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,787 shares (Direct)
Footnotes (1)
- Received pursuant to Issuer's Directors' Stock Award Plan for perfect attendance as a director - exempt transaction under Rule 16b-3 (d). N/A. Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d). N/A. The total number of shares beneficially owned following the reported transaction includes 140 shares paid as dividend payments in 2025.
FAQ
What insider transaction did SCCO director Enrique Castillo Sanchez Mejorada report?
He reported receiving 600 shares of Southern Copper common stock as director stock awards. The grants were made on January 29, 2026, with 200 shares for perfect attendance and 400 shares for director service under the Directors' Stock Award Plan.
Were the Southern Copper (SCCO) director stock awards considered exempt transactions?
Yes. Both stock awards to Enrique Castillo Sanchez Mejorada are described as exempt transactions under Rule 16b-3(d). One award covers perfect attendance and the other covers director service, reflecting typical equity compensation for board members rather than open-market purchases or sales.