Southern Copper Director Amends Form 4 to Cancel Erroneously Reported Sale
SOUTHERN COPPER CORP/
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Filing Summary
š Form 4/A Filing: Southern Copper Corp ($SCCO) š¤ Insider: Luis Miguel Palomino Bonilla (Director) š Type: Amendment / Erroneous Sale Cancellation š Shares Adjusted: 0 (Cancelled prior 400-share sale report) š¦ Ending Balance: 1,703 shares š Note: Amendment filed to remove an erroneously reported sale of 400 shares; reporting person intended to file Form 144 for a proposed sale.
Comprehensive Analysis
Executive Summary
On September 1, 2026, Southern Copper Corp ($SCCO) Director Luis Miguel Palomino Bonilla submitted an amended Form 4 (Form 4/A) to correct an earlier filing from the same day.
Transaction Details
- Security: Common Stock
- Reported Transaction: 0 shares transacted at $0.00.
- Post-Transaction Holdings: 1,703 shares held directly.
- Explanation: The amendment removes a previously reported sale of 400 shares of common stock that was filed in error. According to footnote disclosures, no actual sale occurred; the insider had intended to submit a Form 144 to report a proposed sale rather than a completed transaction.
Market & Governance Impact
This filing is administrative in nature and represents a technical correction. It has low market significance as no shares were actually liquidated on the open market.
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