Southern Copper (NYSE: SCCO) awards 400-share grant to board director
Rhea-AI Filing Summary
Southern Copper Corp. director Enrique Castillo Sanchez Mejorada received a grant of 400 shares of common stock on 2026-07-24 as a board compensation award under the issuer’s Directors' Stock Award Plan, described as an exempt transaction under Rule 16b-3(d). Following this award, he directly holds 1,400 common shares of Southern Copper. The filing characterizes the transaction as a grant/award acquisition rather than an open-market purchase, and no per-share price is stated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares
Net Buy
1 txn
Insider
Castillo Sanchez Mejorada Enrique
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F2, F1 | 400 | -- | -- |
Holdings After Transaction:
Common Stock — 1,400 shares (Direct)
Footnotes (2)
- F1. Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d).
- F2. N/A.
Key Figures
Shares granted: 400 shares
Post-transaction holdings: 1,400 shares
Number of reported transactions: 1 transaction
3 metrics
Shares granted
400 shares
Common stock grant on 2026-07-24 under Directors' Stock Award Plan
Post-transaction holdings
1,400 shares
Common stock directly owned by Enrique Castillo Sanchez Mejorada after the grant
Number of reported transactions
1 transaction
Single grant/award acquisition reported in this Form 4
Key Terms
Directors' Stock Award Plan, Rule 16b-3 (d), Grant, award, or other acquisition
3 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
"for service as a director - exempt transaction under Rule 16b-3 (d)"
Grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SCCO director Enrique Castillo Sanchez Mejorada report?
He reported receiving a grant of 400 Southern Copper common shares on 2026-07-24. The shares were awarded as compensation for service on the board under the Directors' Stock Award Plan and are classified as a grant/award acquisition, not an open-market purchase.
What type of security was involved in this SCCO Form 4 transaction?
The transaction involved Southern Copper common stock. The director received 400 shares of common stock as a grant, bringing his directly owned common shares to a total of 1,400 after the award, according to the ownership figure reported.