Form 4: Southern Copper Corp Director Acquires 400 Shares Through Stock Award Plan

Director Gilberto Perezalonso Cifuentes acquired 400 shares of Southern Copper Corp common stock on July 26, 2024, through the Issuer's Directors' Stock Award Plan.

Summary

• On July 26, 2024, Gilberto Perezalonso Cifuentes, a director of Southern Copper Corp, acquired 400 shares of common stock.
• The acquisition was made through the Issuer's Directors' Stock Award Plan for service as a director.
• Following the transaction, Cifuentes directly owns 29,741 shares of Southern Copper Corp.
• The transaction is exempt under Rule 16b-3(d).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction, with neutral sentiment.

Positives

• The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies as part of their compensation and incentive programs.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates