PALOMINO BONILLA LUIS MIGUEL 4

What Happened
Luis Miguel Palomino Bonilla, a director of Southern Copper Corp (SCCO), reported the sale of 100 shares on May 15, 2026. The shares were disposed at $178.20 each for total proceeds of $17,820. This was a sale (not a purchase) and is generally considered routine insider selling unless accompanied by other disclosures.

Key Details

• Transaction date: 2026-05-15
• Transaction type: Reported as an open-market or private sale (Code S)
• Price per share: $178.20
• Total proceeds: $17,820
• Shares owned after transaction: Not specified in the reported Form 4
• Filing date: 2026-05-18 — filed within the SEC’s two-business-day reporting window (timely)
• No footnotes, 10b5-1 plan, tax withholding, or other special conditions disclosed in this filing

Context
Sales by directors can be for many reasons (diversification, liquidity, estate planning) and do not by themselves signal company outlook. Purchases are often more informative for gauging insider sentiment; this filing documents a small, routine sale by a board member.