PALOMINO BONILLA LUIS MIGUEL 4

What Happened
Luis Miguel Palomino Bonilla, a director of Southern Copper Corporation (SCCO), reported the sale of 100 shares on June 2, 2026. The shares were sold at $200.00 per share in an open-market transaction, for total proceeds of $20,000. This was a sale — often routine for insiders — and does not by itself indicate a change in the director’s view of the company.

Key Details

• Transaction date and price: June 2, 2026 — 100 shares sold at $200.00/share.
• Total value: $20,000.
• Transaction type: Sale (open market or private sale indicated on the Form 4).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes disclosed in the provided data.
• Filing timeliness: Reported on June 2, 2026 (same-day report) — not indicated as late.

Context
Sales by directors can be for many personal or portfolio reasons and are common; purchases tend to be more informative about insider confidence. This single small-position sale (100 shares) is modest in value relative to typical institutional or executive trades.