PALOMINO BONILLA LUIS MIGUEL 4

What Happened

• Luis Miguel Palomino Bonilla, a director of Southern Copper Corp. (SCCO), sold a total of 200 shares in open-market transactions on May 21, 2026. He sold 100 shares at $175.80 for $17,580 and 100 shares at $179.85 for $17,985, for combined proceeds of $35,565. This was a sale (S) — not a purchase.

Key Details

• Transaction dates: May 21, 2026 (filed on May 22, 2026).
• Prices and amounts: 100 shares @ $175.80; 100 shares @ $179.85.
• Total proceeds: $35,565.
• Method: Open-market sales (transaction code S).
• Shares owned after the transactions: Not specified in the provided filing summary.
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the supplied data.
• Timeliness: Filing date (May 22, 2026) is the day after the trades (May 21, 2026), indicating a timely Form 4 submission.

Context

• Sales by corporate insiders can be routine (diversification, personal liquidity, tax planning) and do not by themselves indicate a change in company outlook. Purchases tend to be a stronger signal of insider confidence. The dollar amount here ($35.6k) is modest relative to many insider transactions.