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

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Form Type
4

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.

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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)
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.
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
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)."
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"

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FAQ

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).
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*
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)
XDirector10% 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)
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 Stock07/24/2026A400A(1)(2)2,003D
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-Fact07/28/2026
** 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)