Director at Southern Copper (NYSE: SCCO) receives 400-share stock award
Rhea-AI Filing Summary
Southern Copper Corp. director Javier Arrigunaga Gomez del Campo reported an acquisition of 400 shares of Common Stock on 2026-07-24. The shares were received pursuant to the issuer's Directors' Stock Award Plan for service as a director and are described as an exempt transaction under Rule 16b-3(d). Following this stock award, he directly holds 5,548 shares of Southern Copper common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares
Net Buy
1 txn
Insider
Arrigunaga Gomez del Campo Javier
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F2, F1 | 400 | -- | -- |
Holdings After Transaction:
Common Stock — 5,548 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: 400.0000 shares
Shares owned after transaction: 5548.0000 shares
Rule cited: Rule 16b-3(d)
3 metrics
Shares granted
400.0000 shares
Common Stock grant/award on 2026-07-24
Shares owned after transaction
5548.0000 shares
Director’s direct Common Stock holdings following the award
Rule cited
Rule 16b-3(d)
Exempt director stock award under SEC short-swing profit rules framework
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; 400 shares granted as an award"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SCCO director Javier Arrigunaga report?
SCCO director Javier Arrigunaga reported receiving 400 shares of Common Stock on 2026-07-24. The shares were granted under Southern Copper’s Directors' Stock Award Plan as compensation for board service and are classified as an exempt transaction under Rule 16b-3(d).
Was the SCCO Form 4 transaction a market purchase or a stock award?
The SCCO Form 4 transaction was a stock award, not a market purchase. Footnotes state the 400 shares of Common Stock were received under the Issuer's Directors' Stock Award Plan as compensation, making it a grant/award acquisition exempt under Rule 16b-3(d).
What does Rule 16b-3(d) exemption mean for this SCCO director stock grant?
The filing notes the SCCO director’s 400-share grant as exempt under Rule 16b-3(d). This SEC rule generally provides an exemption from certain short-swing profit rules for specified director and officer transactions, including bona fide compensation awards under approved plans.