Southern Copper chair receives 400-share stock award

VELASCO GERMAN LARREA MOTA reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/06/2026 - 07:22 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

VELASCO GERMAN LARREA MOTA reported acquisition or exercise transactions in this Form 4 filing.

SOUTHERN COPPER CORP chairman and director German Larrea Mota Velasco received an equity award of 400 shares of Common Stock for his service as a director under the issuer's Directors' Stock Award Plan. The shares were granted at $0.00 per share as compensation, not an open-market purchase. After this award, he directly holds 404,526 shares of Southern Copper common stock, so the new grant is a relatively small addition to his existing stake.

Insider Trade Summary

Grant/Award: 400 shares

Grant/Award 1 txn

Insider VELASCO GERMAN LARREA MOTA

Role CHAIRMAN OF THE BOARD

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

Holdings After Transaction: Common Stock — 404,526 shares (Direct)

Holdings Before and After: Common Stock, 404,126 to 404,526 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 Grant price: $0.00 per share Shares owned after grant: 404,526 shares

3 metrics

Shares granted 400 shares Common Stock award for director service

Grant price $0.00 per share Equity compensation, not open-market purchase

Shares owned after grant 404,526 shares Direct holdings following the Form 4 transaction

Key Terms

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

4 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)"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

FAQ

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

What insider transaction did SCCO chairman German Larrea report on this Form 4?

German Larrea reported receiving 400 shares of Southern Copper common stock as an equity award. The grant was made under the company’s Directors’ Stock Award Plan, reflecting routine board compensation rather than an open-market share purchase or sale.

Was the SCCO Form 4 transaction an open-market buy or sell of shares?

The transaction was not an open-market trade. It was a grant of 400 common shares at $0.00 per share, received as compensation under Southern Copper’s Directors’ Stock Award Plan for service as a director, categorized as a grant, award, or other acquisition.

How many Southern Copper (SCCO) shares does German Larrea hold after this award?

After receiving the 400-share award, German Larrea directly holds 404,526 shares of Southern Copper common stock. This filing shows the updated direct ownership position following the director compensation grant, giving investors an updated view of his reported equity stake.

What is the purpose of the 400-share award reported by SCCO’s chairman?

The 400-share award was granted for service as a director under Southern Copper’s Directors’ Stock Award Plan. The footnote indicates it is compensation for board service and is an exempt transaction under SEC Rule 16b-3(d), not a discretionary market transaction.

Is the SCCO Form 4 grant to German Larrea considered a routine compensation event?

Yes. The filing describes the 400-share award as received under the Issuer’s Directors’ Stock Award Plan for service as a director. Such equity awards are a common form of director compensation and are treated as exempt transactions 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^*

VELASCO GERMAN LARREA MOTA

(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
X	Officer (give title below)		Other (specify below)
	CHAIRMAN OF THE BOARD

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)	404,526	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)