Form 4: Southern Copper Director Acquires 1,600 Shares Under Stock Award Plan

Sentiment:

SEC Form 4


Javier Arrigunaga Gomez del Campo, a director of Southern Copper Corporation, acquired 1,600 shares of common stock on June 6, 2024, through the Issuer's Directors' Stock Award Plan.

Summary

  • On June 6, 2024, Javier Arrigunaga Gomez del Campo, a director of Southern Copper Corporation, acquired 1,600 shares of common stock.
  • The acquisition was made under the Issuer's Directors' Stock Award Plan.
  • Following the transaction, Mr. Arrigunaga Gomez del Campo directly owns 1,600 shares of Southern Copper Corporation.
  • The transaction is exempt under Rule 16b-3(d).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, but the amount is not significant enough to drastically alter 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 as a positive sign, indicating the director's belief in the company's prospects.

Stakeholder Impact

  • The acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
06/06/2024Date of transaction: Javier Arrigunaga Gomez del Campo acquired 1,600 shares of common stock.
06/10/2024Date of signature on the Form 4 filing.

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