Southern Copper Corp (NYSE: SCCO) grants 400-share stock award to director
Rhea-AI Filing Summary
SACRISTAN CARLOS RUIZ reported acquisition or exercise transactions in this Form 4 filing.
Southern Copper Corporation director Carlos Ruiz Sacristan received a grant of 400 shares of common stock on July 24, 2026 under the issuer's Directors' Stock Award Plan for service as a director, an exempt transaction under Rule 16b-3(d). Following this award, he directly holds 29,047 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares
Net Buy
1 txn
Insider
SACRISTAN CARLOS RUIZ
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F2, F1 | 400 | -- | -- |
Holdings After Transaction:
Common Stock — 29,047 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
Stock award shares: 400 shares
Direct holdings after award: 29,047 shares
Transaction date: July 24, 2026
3 metrics
Stock award shares
400 shares
Grant of common stock to director on July 24, 2026
Direct holdings after award
29,047 shares
Total common shares directly held by Carlos Ruiz Sacristan following the grant
Transaction date
July 24, 2026
Date of the director stock award acquisition
Key Terms
Directors' Stock Award Plan, Rule 16b-3 (d), grant/award 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
"exempt transaction under Rule 16b-3 (d)"
grant/award acquisition financial
"transaction code A described as Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did Southern Copper (SCCO) director Carlos Ruiz Sacristan receive?
Carlos Ruiz Sacristan received a grant of 400 shares of Southern Copper common stock on July 24, 2026 under the company's Directors' Stock Award Plan for his service as a director.
Was the Southern Copper (SCCO) stock grant to Carlos Ruiz Sacristan a market purchase?
No, the 400-share increase was a grant under Southern Copper's Directors' Stock Award Plan, not an open-market purchase, and is characterized as a grant, award, or other acquisition in the Form 4.
Is Carlos Ruiz Sacristan’s Southern Copper (SCCO) stock grant exempt under Rule 16b-3(d)?
Yes, the Form 4 notes the 400-share grant was received under the Directors' Stock Award Plan and is an exempt transaction under Rule 16b-3(d) relating to director compensation arrangements.
What type of security was involved in Carlos Ruiz Sacristan’s Southern Copper (SCCO) Form 4 transaction?
The transaction involved Common Stock of Southern Copper Corporation, with an award of 400 shares granted to director Carlos Ruiz Sacristan under the company’s Directors' Stock Award Plan.