PALOMINO BONILLA LUIS MIGUEL 4
4 · SOUTHERN COPPER CORP/ · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Southern Copper (SCCO) Director Luis Miguel Palomino Bonilla Sells 7 Shares
What Happened
- Luis Miguel Palomino Bonilla, a director of Southern Copper Corp. (SCCO), sold 7 shares in an open‑market transaction on March 12, 2026.
- The sale price was $190.00 per share, for total proceeds of $1,330. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-03-12; Price: $190.00 per share; Shares sold: 7; Total value: $1,330.
- Filing date (accession): Report filed 2026-03-18 (six days after the transaction).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnotes / plan details: no 10b5-1 plan, tax‑withholding, or other footnotes reported in the supplied information.
- Timeliness: Form 4s are typically due within two business days of the transaction; this filing (Mar 18) appears later than that window.
Context
- The dollar amount is small and likely routine personal liquidity rather than a material signal about company prospects. Retail investors should weigh larger patterns of insider buying or selling rather than a single small sale.
Insider Transaction Report
Form 4
PALOMINO BONILLA LUIS MIGUEL
Director
Transactions
- Sale
Common Stock
2026-03-12$190.00/sh−7$1,330→ 1,900 total
Signature
/s/ Andres Carlos Ferrero, Attorney-in-Fact|2026-03-18