Southern Copper (NYSE: SCCO) CEO granted 400-share stock award under director plan

Rhea-AI Filing Summary

SOUTHERN COPPER CORP director and Chief Executive Officer Leonardo Contreras Lerdo de Tejada received an award of 400 shares of Common Stock on May 4, 2026. The shares were granted at no cash cost under the issuer's Directors' Stock Award Plan as compensation for board service.

Following this grant, he directly holds a total of 1,000 Common Stock shares. The filing characterizes the transaction as a grant, award, or other acquisition exempt under Rule 16b-3(d), meaning it is a routine, compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Contreras Lerdo de Tejada Leonardo

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	400	$0.00	--

Holdings After Transaction: Common Stock — 1,000 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.

Key Figures

Stock award: 400 shares Holdings after grant: 1,000 shares Grant price: $0.0000 per share +1 more

4 metrics

Stock award 400 shares Common Stock grant on May 4, 2026

Holdings after grant 1,000 shares Total Common Stock directly held following transaction

Grant price $0.0000 per share Indicates no cash paid; compensation award

Transaction code A Grant, award, or other acquisition of non-derivative Common Stock

Key Terms

Directors' Stock Award Plan, Rule 16b-3 (d), Grant, award, or other acquisition, Common Stock

4 terms

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 financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Contreras Lerdo de Tejada Leonardo

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/04/2026		A		400	A(1)	(2)	1,000	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 service as a director - exempt transaction under Rule 16b-3 (d).

2. N/A.

	/s/ Andres C. Ferrero, Attorney-in-Fact	05/06/2026
	** 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).
** 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 CEO Leonardo Contreras report on this Form 4?

Leonardo Contreras reported receiving 400 SCCO Common Stock shares as a compensation grant. The award came under the company’s Directors’ Stock Award Plan for his board service and was classified as an exempt acquisition, not an open-market purchase or sale.

Was the SCCO CEO’s 400-share award an open-market stock purchase?

No, the 400 SCCO shares were granted as a stock award, not bought in the market. The filing shows a transaction code “A” and a price of 0.0000, indicating a compensation-related grant under the Directors’ Stock Award Plan, exempt under Rule 16b-3(d).

How many SCCO shares does Leonardo Contreras hold after this Form 4 transaction?

After the 400-share grant, Leonardo Contreras directly holds 1,000 SCCO Common Stock shares. The Form 4 states 1,000 total shares following the transaction, giving investors a clear view of his updated direct equity position in Southern Copper Corp.

What does Rule 16b-3(d) exemption mean for this SCCO stock award?

Rule 16b-3(d) exemption means the 400-share SCCO award is treated as an exempt insider transaction. It applies to certain issuer-approved grants to officers or directors, signaling this is standard equity compensation rather than a discretionary market trade by the executive.

Is the SCCO CEO’s 400-share stock grant a significant ownership change?

The Form 4 shows a 400-share grant increasing Leonardo Contreras’s direct holdings to 1,000 shares. This reflects routine equity compensation for service as a director rather than a large shift in ownership, and the filing reports no related sales or derivative exercises.