Southern Copper (SCCO) director receives 600-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARIZTEGUI ANDREVE VICENTE reported acquisition or exercise transactions in this Form 4 filing.
Southern Copper director Vicente Ariztegui Andreve received two stock awards of common shares on January 29, 2026 under the company’s Directors’ Stock Award Plan. He was granted 200 shares for perfect attendance as a director and 400 shares for service as a director, both at a price of $0.00 per share as non-cash awards exempt under Rule 16b-3(d).
Following these grants, his directly owned common stock holdings reported in the filing total 10,270 shares, which include 157 shares received as dividend payments in 2024 and 313 shares received as dividend payments in 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ARIZTEGUI ANDREVE VICENTE
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 — 9,899 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 157 shares received as dividend payments in 2024 and 313 shares received as dividend payments in 2025.
FAQ
What insider transaction did Southern Copper (SCCO) report for Vicente Ariztegui Andreve?
Southern Copper reported that director Vicente Ariztegui Andreve received two grants of common stock on January 29, 2026. These were non-cash stock awards under the company’s Directors’ Stock Award Plan, issued for perfect attendance and service as a director, exempt under Rule 16b-3(d).
At what price were the Southern Copper (SCCO) stock awards granted to the director?
Both stock awards to the director were granted at a price of $0.00 per share. This indicates they were compensatory equity awards rather than open-market purchases, made under the Directors’ Stock Award Plan and classified as exempt insider transactions under Rule 16b-3(d).
What plan governed the Southern Copper (SCCO) stock awards to the director?
The grants were made pursuant to Southern Copper’s Directors’ Stock Award Plan. One award recognized perfect attendance as a director and the other recognized service as a director, with both transactions categorized as exempt under Rule 16b-3(d) and reported as stock compensation rather than market purchases.
Are the reported Southern Copper (SCCO) insider transactions classified as buys or grants?
The transactions are classified as grants or awards, not market buys. The Form 4 labels them with transaction code “A” for grant, award, or other acquisition, and they were issued at $0.00 per share under the Directors’ Stock Award Plan as exempt director compensation.