Southern Copper (SCCO) Director Luis Miguel Palomino Bonilla Sells 100 Shares

What Happened
Luis Miguel Palomino Bonilla, a director of Southern Copper Corp (SCCO), sold 100 shares on 2026-08-04 at $195.00 per share, for proceeds of $19,500. The filing reports the transaction as an open market or private sale (transaction code S). This was a sale, which is a routine insider action and does not by itself indicate a change in the director’s view of the company.

Key Details

• Transaction date: 2026-08-04; Price: $195.00 per share; Total value: $19,500.
• Transaction type: Sale (S) — listed as open market or private sale.
• Filing date: 2026-08-05 (filed the next business day; within the typical 2-business-day Form 4 window).
• Shares owned after the transaction: not specified in the Form 4 filing.
• No footnotes (e.g., 10b5-1 plan or tax withholding) were reported in the provided transaction details.

Context
Small, single sales by directors are common and often routine liquidity events. Retail investors should consider this trade alongside other insider activity, company fundamentals, and news rather than interpreting a single small sale as a signal.