SOUTHERN COPPER CORP/·4

Mar 2, 1:48 PM ET

Castillo Sanchez Mejorada Enrique 4

Research Summary

AI-generated summary

Updated

Southern Copper (SCCO) Director Enrique Castillo Sells 4,587 Shares

What Happened
Enrique Castillo (Director) reported an open-market sale of 4,587 shares of Southern Copper Corp (SCCO) on March 2, 2026. The shares were sold at $217.39 per share, generating proceeds of approximately $997,168. This transaction is recorded as a sale (code S).

Key Details

  • Transaction date and price: March 2, 2026 — 4,587 shares at $217.39 per share.
  • Total proceeds: ≈ $997,168.
  • Transaction type: Open-market sale (Form 4 code S).
  • Shares owned after transaction: Not specified in the details provided.
  • Footnotes / plans: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided filing.
  • Filing timeliness: The Form 4 was filed on the same date as the transaction (no late filing indicated in the provided record).

Context
Insider sales can be for many reasons (diversification, liquidity, taxes) and do not necessarily signal a negative view of the company. Retail investors often give more weight to purchases than to routine sales when assessing insider sentiment.