Southern Copper (SCCO) director awarded 400 shares; now 2,113
Southern Copper (SCCO) reported an insider ownership update.
Rhea-AI Filing Summary
Southern Copper (SCCO) reported an insider ownership update. A company director acquired 400 shares of common stock on 11/03/2025, received under the Issuer's Directors' Stock Award Plan, which is noted as an exempt transaction under Rule 16b-3(d).
Following this grant, the director’s beneficial ownership totals 2,113 shares, held directly. This is a routine equity award reflecting board service and does not reflect an open-market purchase.
Positive
- None.
Negative
- None.
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 | 400 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,113 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SCCO disclose in this Form 4?
A director received 400 shares of common stock on 11/03/2025 as a stock award.
Was the SCCO director’s transaction open-market or a grant?
It was a stock award under the Issuer's Directors' Stock Award Plan.
Is the transaction exempt under SEC rules?
Yes. It is noted as exempt under Rule 16b-3(d).
What was the transaction code on the Form 4?
The filing lists transaction code A (acquired).
What is the ownership form after the transaction?
The filing indicates Direct (D) ownership of the shares.
What is Southern Copper’s ticker symbol?
Southern Copper trades under the symbol SCCO.
AI-generated analysis. How Rhea-AI works. Not financial advice.