PALOMINO BONILLA LUIS MIGUEL 4
4 · SOUTHERN COPPER CORP/ · Filed Jul 24, 2026
Research Summary
AI-generated summary of this filing
Southern Copper (SCCO) Director Luis M. Palomino Bonilla Sells 100 Shares
What Happened
Luis Miguel Palomino Bonilla, a director of Southern Copper Corp. (SCCO), reported a sale of 100 common shares. The transaction was an open market/private sale on 2026-07-24 at $179.00 per share, for total proceeds of $17,900. This was a sale (S), which is often routine insider liquidity rather than an explicit signal about company prospects.
Key Details
- Transaction date: 2026-07-24
- Transaction type: Sale (reported as open market/private sale)
- Shares sold: 100 at $179.00 per share
- Gross proceeds: $17,900
- Shares owned after transaction: Not provided in the supplied filing data
- Filing status/timeliness: Report filed 2026-07-24 (no late filing indicated in provided data)
- Notable footnotes: None provided in the supplied data (no 10b5-1 plan, tax withholding, or other special notations reported)
Context
Sales by non-executive insiders (directors) are common for personal liquidity and do not necessarily indicate a change in company fundamentals. For retail investors, purchases are typically more informative than routine sales; this single small sale ($17.9k) should be viewed in that context.
Insider Transaction Report
- Sale
Common Stock
2026-07-24$179.00/sh−100$17,900→ 1,603 total