PALOMINO BONILLA LUIS MIGUEL 4
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Southern Copper (SCCO) Director Luis Palomino Receives 400-Share Award
What Happened Luis Miguel Palomino Bonilla, a director of Southern Copper Corporation (SCCO), was granted 400 shares on July 24, 2026. The Form 4 reports this as an acquisition via award (transaction code A); the filing shows price and aggregate value as N/A. This was a compensation award to a director, not an open‑market buy or sale.
Key Details
- Transaction date: 2026-07-24
- Transaction type: Award/Grant (code A) — 400 shares acquired
- Price per share / aggregate value: N/A (not reported)
- Shares owned after transaction: Not disclosed in the filing (N/A)
- Footnote: Received pursuant to the Issuer's Directors' Stock Award Plan for service as a director; transaction exempt under Rule 16b-3(d) (Footnote F1).
- Filing date: 2026-07-28 (reported on Form 4; filing date falls within the typical 2-business-day SEC reporting window)
Context Director stock awards are routine compensation for board service and are treated as exempt, non-market transactions under Rule 16b-3. Such awards do not necessarily indicate personal buying or selling sentiment by the director.