Southern Copper (NYSE: SCCO) grants director 400 common shares

Rhea-AI Filing Summary

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

Southern Copper Corporation director Luis Miguel Palomino Bonilla received a grant of 400 shares of Common Stock as compensation for board service. The shares were awarded pursuant to the issuer's Directors' Stock Award Plan and reported as an exempt transaction under Rule 16b-3(d). After this award, he directly owns 2,107 shares of Southern Copper common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PALOMINO BONILLA LUIS MIGUEL

Role null

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

Holdings After Transaction: Common Stock — 2,107 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

Shares granted: 400 shares Grant price per share: $0.0000 per share Shares owned after grant: 2,107 shares

3 metrics

Shares granted 400 shares Common Stock award to director on 2026-05-04

Grant price per share $0.0000 per share Director stock award under plan

Shares owned after grant 2,107 shares Director’s direct beneficial ownership after transaction

Key Terms

Directors' Stock Award Plan, Rule 16b-3 (d), Common Stock

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

"exempt transaction under Rule 16b-3 (d)"

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^*

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)
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)	2,107	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 did Southern Copper (SCCO) director Luis Miguel Palomino receive in this Form 4 filing?

Luis Miguel Palomino received a grant of 400 shares of Southern Copper Common Stock. The award was issued under the company’s Directors’ Stock Award Plan as compensation for his service as a director and reported as an exempt transaction under Rule 16b-3(d).

Was the Southern Copper (SCCO) director’s 400-share award a market purchase or sale?

The 400-share transaction was not a market purchase or sale; it was a grant. The Form 4 shows transaction code “A,” meaning a grant or award acquisition, with a price of $0.0000 per share under the Directors’ Stock Award Plan for board service.

How many Southern Copper (SCCO) shares does director Luis Miguel Palomino hold after this grant?

After receiving the 400-share grant, Luis Miguel Palomino directly holds 2,107 shares of Southern Copper Common Stock. This total reflects his position immediately following the reported award and is disclosed in the Form 4 as the shares beneficially owned after the transaction.

Why is the director’s Southern Copper (SCCO) stock award marked as exempt under Rule 16b-3(d)?

The stock award is exempt under Rule 16b-3(d) because it was granted pursuant to the issuer’s Directors’ Stock Award Plan. Such board-approved compensation arrangements typically qualify for this exemption, so the grant is not treated like ordinary market trading by the director.

Does the Form 4 show any Southern Copper (SCCO) stock sales or purchases by the director?

The Form 4 does not report any open-market stock sales or purchases. It shows a single transaction coded “A” for a grant or award acquisition of 400 shares at $0.0000 per share, reflecting compensation rather than discretionary trading activity by the director.