Southern Copper (SCCO) director receives 600-share stock award under board plan

Rhea-AI Filing Summary

Southern Copper Corporation director Carlos Ruiz Sacristan reported stock awards under the company’s Directors’ Stock Award Plan. On January 29, 2026, he was awarded 200 shares of common stock for perfect attendance and 400 shares for service as a director, both at a stated price of $0.00 per share and treated as exempt under Rule 16b-3(d). Following these grants, he beneficially owned 28,247 common shares, which includes 500 shares received as dividend payments in 2025.

SEC Form 4

FORM 4

UNITED 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

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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^*

SACRISTAN CARLOS RUIZ

(Last) (First) (Middle)

C/O SOUTHERN COPPER CORPORATION

7310 NORTH 16TH ST. SUITE 135

(Street)

PHOENIX AZ 85020

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SOUTHERN COPPER CORP/ [ SCCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/29/2026		A		200	A(1)	(2)	27,847(3)	D
Common Stock	01/29/2026		A		400	A(4)	(5)	28,247	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Received pursuant to Issuer's Directors' Stock Award Plan for perfect attendance as a director - exempt transaction under Rule 16b-3 (d).

2. N/A.

3. The total number of shares beneficially owned following the reported transaction includes 500 shares paid as dividend payments in 2025.

4. Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d).

5. N/A.

	/s/ Andres C. Ferrero, Attorney-in-Fact	02/02/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transaction did SCCO director Carlos Ruiz Sacristan report?

Carlos Ruiz Sacristan reported receiving stock awards of Southern Copper common shares. He acquired 200 shares for perfect attendance and 400 shares for director service, all granted on January 29, 2026 under the company’s Directors’ Stock Award Plan rather than purchased on the open market.

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

After the reported transactions, the director beneficially owned 28,247 Southern Copper common shares. This total includes shares received through the January 29, 2026 director stock awards and 500 shares that were paid to him as dividend payments during 2025.

Were the SCCO shares on this Form 4 purchased for cash or granted as awards?

The shares were granted as stock awards, not purchased for cash. They were received under Southern Copper’s Directors’ Stock Award Plan for perfect attendance and service as a director, with a reported transaction price of $0.00 per share on January 29, 2026.

Why are the SCCO director stock awards described as exempt transactions?

The stock awards are described as exempt because they fall under Rule 16b-3(d). This rule generally exempts certain issuer-approved equity grants to directors, such as awards under a director stock plan, from short-swing profit rules that otherwise apply to insiders’ trades in company securities.

What is the significance of the 500 SCCO shares mentioned in the footnotes?

The 500 shares referenced in the footnotes represent dividend payments made in shares during 2025. These dividend-paid shares are included in the director’s total beneficial ownership figure of 28,247 Southern Copper common shares reported after the January 29, 2026 stock award transactions.

Does this SCCO Form 4 involve any derivative securities like options or warrants?

This filing reports only non-derivative common stock transactions. The derivative securities table contains no entries, indicating no options, warrants, or other derivative instruments were acquired, disposed of, or held in connection with the January 29, 2026 activity disclosed by the Southern Copper director.