Southern Copper Director Files Form 4/A Correcting Share Balance Post-Sale
SOUTHERN COPPER CORP/
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Filing Summary
Insider Sale (Amendment) - Southern Copper Corp ($SCCO) Insider: Luis Miguel Palomino Bonilla (Director) Action: Sold 100 shares at $200.00/share ($20,000 total) Post-Transaction Holdings: 1,403 shares Notes: Form 4/A filed to amend and correct the post-transaction beneficial ownership balance.
Comprehensive Analysis
Executive Summary
On October 30, 2026, Southern Copper Corp ($SCCO) director Luis Miguel Palomino Bonilla filed an amended Form 4 (Form 4/A) regarding a transaction initially executed on September 24, 2026. The amendment corrects the total number of common shares beneficially owned following the transaction to 1,403 shares.
Transaction Details
- Reporting Insider: Luis Miguel Palomino Bonilla
- Role: Director
- Transaction Date: September 24, 2026
- Security: Common Stock
- Shares Sold: 100 shares
- Execution Price: $200.00 per share
- Gross Proceeds: $20,000.00
- Ending Position: 1,403 shares (Direct)
Filing Purpose & Significance
- Amendment Details: Footnote 1 explicitly states that the filing was submitted to correct the post-transaction share ownership balance to 1,403 shares.
- Market Impact: Low. The transaction involves a minimal disposition of 100 shares valued at $20,000, primarily serving as an administrative correction to prior disclosures.
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Important Disclaimer
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