Form 4: Southern Copper Corp Director Acquires 400 Shares Through Stock Award Plan
SEC Form 4 Filing
Director Carlos Ruiz Sacristan acquired 400 shares of Southern Copper Corporation (SCCO) common stock on July 26, 2024, through the Issuer's Directors' Stock Award Plan.
Summary
- On July 26, 2024, Carlos Ruiz Sacristan, a director of Southern Copper Corporation, acquired 400 shares of common stock.
- The acquisition was made through the Issuer's Directors' Stock Award Plan.
- Following the transaction, Sacristan directly owns 24,674 shares of Southern Copper Corporation.
- The transaction is exempt under Rule 16b-3(d).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly impact sentiment positively or negatively.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Carlos Ruiz Sacristan acquired 400 shares of Southern Copper Corporation common stock. |
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