4/A: Southern Copper Chairman Receives Stock Award

Chairman German Larrea Mota acquired 400 shares of Southern Copper Corporation common stock via a director compensation plan.

Summary

• German Larrea Mota, Chairman of the Board, acquired 400 shares of Southern Copper Corporation (SCCO) common stock.
• The acquisition occurred on November 3, 2025, pursuant to the Issuer's Directors' Stock Award Plan.
• Following this transaction, the total beneficial ownership of the reporting person is 389,429 shares.
• This filing serves as an amendment to the original Form 4 filed on November 4, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company strategy or financial outlook.

Positives

• The transaction reflects alignment between the Chairman and shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that director stock awards are standard corporate governance practices in the mining and materials sector to ensure long-term alignment between leadership and shareholder interests.

Comparison to Industry Standards

• The use of equity-based compensation for board members is consistent with standard practices for large-cap mining companies like Freeport-McMoRan and Rio Tinto.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• None indicated.

Key Dates

Keywords

Southern Copper, SCCO, Insider Trading, Director Compensation, German Larrea Mota, Form 4