Southern Copper director awarded 400 shares

PALOMINO BONILLA LUIS MIGUEL reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 07/28/2026 - 03:45 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PALOMINO BONILLA LUIS MIGUEL reported acquisition or exercise transactions in this Form 4 filing.

Southern Copper director Luis Miguel Palomino Bonilla received a grant of 400 shares of common stock on 2026-07-24 under the company’s Directors’ Stock Award Plan for service as a director, an exempt transaction under Rule 16b-3(d). Following this award, he directly holds 2,003 shares.

Insider Trade Summary

Grant/Award: 400 shares

Grant/Award 1 txn

Insider PALOMINO BONILLA LUIS MIGUEL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F2, F1	400	--	--

Holdings After Transaction: Common Stock — 2,003 shares (Direct)

Holdings Before and After: Common Stock, 1,603 to 2,003 shares (Direct)

Footnotes (2)

1. F1. Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d).
2. F2. N/A.

Key Figures

Shares granted: 400 shares of Common Stock Shares held after transaction: 2,003 shares of Common Stock Transaction code: Code A +1 more

4 metrics

Shares granted 400 shares of Common Stock Non-derivative grant on 2026-07-24 under Directors’ Stock Award Plan

Shares held after transaction 2,003 shares of Common Stock Direct ownership by Luis Miguel Palomino Bonilla following the award

Transaction code Code A Classified as “Grant, award, or other acquisition” of non-derivative common stock

Rule reference Rule 16b-3(d) Footnote states the director grant is an exempt transaction under this rule

Key Terms

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

4 terms

Directors' Stock Award Plan financial

"Received pursuant to Issuer's Directors' Stock Award Plan for service as a director"

exempt transaction regulatory

"for service as a director - exempt transaction under Rule 16b-3 (d)."

A transaction in which securities are sold without the issuer having to register them with the securities regulator because the sale meets legal exemptions (for example private placements, certain small offerings, or sales to accredited investors). It matters to investors because exempt transactions often involve less public disclosure and more limits on resale, like buying something from a private marketplace rather than a public store—so information access and liquidity can differ from registered offerings.

Rule 16b-3 (d) regulatory

"service as a director - exempt transaction under Rule 16b-3 (d)."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SCCO director Luis Miguel Palomino Bonilla report?

Luis Miguel Palomino Bonilla reported receiving 400 shares of Southern Copper common stock as a grant. The award was for service as a director under the company’s Directors’ Stock Award Plan and is classified as an exempt transaction under Rule 16b-3(d).

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

After the reported grant, the director directly holds 2,003 shares of Southern Copper common stock. This reflects the addition of 400 shares received on 2026-07-24 under the Directors’ Stock Award Plan for his service as a director.

Was the SCCO Form 4 transaction a market purchase or a stock award?

The SCCO Form 4 transaction was a stock award, not a market purchase or sale. The director received 400 shares pursuant to Southern Copper’s Directors’ Stock Award Plan as compensation for board service, categorized as a grant or award acquisition.

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

The director received the 400-share stock award on 2026-07-24. This non-derivative acquisition of common stock was reported as a grant or award under transaction code “A” and is tied to his service on Southern Copper’s board of directors.

Why is the SCCO director’s stock award considered an exempt transaction?

The award is considered exempt because it is classified as an exempt transaction under Rule 16b-3(d). The 400-share grant was received under the Issuer’s Directors’ Stock Award Plan, which qualifies director compensation grants for this exemption from certain short-swing profit rules.

Is the SCCO director’s 400-share award tied to a specific company plan?

Yes, the 400-share award was received under Southern Copper’s Directors’ Stock Award Plan. The footnote explains that the shares were granted for service as a director, and the acquisition is treated as an exempt transaction under Rule 16b-3(d).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

PALOMINO BONILLA LUIS MIGUEL

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

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	07/24/2026		A		400	A(1)	(2)	2,003	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	07/28/2026
	** 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)