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

Sentiment:

SEC Form 4


Javier Arrigunaga Gomez del Campo, a director of Southern Copper Corp, acquired 400 shares of common stock on October 23, 2024, through the company's Directors' Stock Award Plan.

Summary

  • On October 23, 2024, Javier Arrigunaga Gomez del Campo, a director of Southern Copper Corporation, 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, Mr. Arrigunaga Gomez del Campo directly owns 2,400 shares of Southern Copper Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of positive or negative sentiment.

Positives

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

Industry Context

Director share acquisitions are common and often viewed positively by investors, as they align the interests of management with those of shareholders.

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholders due to the director's increased stake in the company.

Key Dates

DateDescription
10/23/2024Date of transaction: Director acquired 400 shares of common stock.
10/24/2024Date of signature on the Form 4 filing.

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