STOCK TITAN

Southern Copper (NYSE: SCCO) director receives 400-share stock award grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Valenzuela Rionda Jose Pedro reported acquisition or exercise transactions in this Form 4 filing.

Southern Copper Corp. director Jose Pedro Valenzuela Rionda received a stock award of 400 shares of Common Stock. The shares were granted at a price of $0.00 per share as compensation for service as a director under the issuer's Directors' Stock Award Plan, in a transaction exempt under Rule 16b-3(d). Following this award, he directly holds 5,148 shares of Southern Copper common stock.

Positive

  • None.

Negative

  • None.

Insights

Routine director stock award modestly increases equity stake.

The filing shows director Jose Pedro Valenzuela Rionda received 400 shares of Southern Copper common stock at $0.00 per share as a compensation grant under the Directors' Stock Award Plan. This is classified as a grant or award acquisition, not an open-market purchase.

The award is exempt under Rule 16b-3(d), indicating it is a standard board-approved compensation arrangement. After the grant, the director holds 5,148 shares directly, suggesting the transaction is relatively small and routine, without a strong market signal beyond aligning director incentives with shareholders.

Insider Valenzuela Rionda Jose Pedro
Role null
Type Security Shares Price Value
Grant/Award Common Stock 400 $0.00 --
Holdings After Transaction: Common Stock — 5,148 shares (Direct, null)
Footnotes (1)
  1. Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d). N/A.
Shares granted 400 shares Common Stock award on May 4, 2026
Grant price $0.00 per share Director stock award compensation
Shares held after grant 5,148 shares Director’s direct holdings after transaction
Directors' Stock Award Plan financial
"Received pursuant to Issuer's Directors' Stock Award Plan for service as a director"
Rule 16b-3 (d) regulatory
"exempt transaction under Rule 16b-3 (d)"
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Valenzuela Rionda Jose Pedro

(Last)(First)(Middle)
C/O SOUTHERN COPPER CORPORATION
7310 NORTH 16TH ST. SUITE 135

(Street)
PHOENIX ARIZONA 85020

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SOUTHERN COPPER CORP/ [ SCCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/04/2026A400A(1)(2)5,148D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d).
2. N/A.
/s/ Andres C. Ferrero, Attorney-in-Fact05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SCCO director Jose Pedro Valenzuela report?

He reported receiving a grant of 400 shares of Southern Copper common stock. The shares were awarded at $0.00 per share as part of the company’s Directors’ Stock Award Plan, classified as a grant or award acquisition rather than an open-market purchase.

How many Southern Copper (SCCO) shares does the director hold after this Form 4 grant?

After the grant, director Jose Pedro Valenzuela Rionda directly holds 5,148 shares of Southern Copper common stock. This updated holding reflects the addition of 400 shares received as a stock award for his service as a director under the company’s compensation plan.

Was the SCCO director’s 400-share award an open-market purchase or a compensation grant?

The 400-share transaction was a compensation grant, not an open-market purchase. It is described as a grant or award acquisition at $0.00 per share, received under Southern Copper’s Directors’ Stock Award Plan for service as a director, and exempt under Rule 16b-3(d).

What does Rule 16b-3(d) exemption mean for this SCCO Form 4 transaction?

The Rule 16b-3(d) exemption means the 400-share award is a board-approved compensation transaction. It is treated as an exempt insider acquisition for short-swing profit rules, reflecting routine director compensation rather than discretionary trading activity in Southern Copper’s stock.

On what date did the SCCO director receive the 400-share stock award?

The director received the 400-share stock award on May 4, 2026. This date is listed as the transaction date for the grant of Southern Copper common stock awarded under the issuer’s Directors’ Stock Award Plan as compensation for board service.