Southern Copper (NYSE: SCCO) insider files to sell 400 shares under Rule 144
Rhea-AI Filing Summary
Southern Copper Corporation reported a planned sale of 400 shares of its common stock under Rule 144. The shares, acquired on 05/01/2023 as compensation under the issuer's Directors' Stock Award Plan for service as a director, have an aggregate market value of $55,600 and are to be sold through broker Inteligo SAB on the NYSE, with the notice indicating 1,265 shares or units outstanding. The seller also disclosed several prior Rule 144 sales over the past three months, including 214 shares on 09/03/2025 for gross proceeds of $21,614 and 200 shares on 10/31/2025 for gross proceeds of $27,870. By signing, the seller represents they are not aware of undisclosed material adverse information about Southern Copper's current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What does the Southern Copper Corporation (SCCO) Form 144 filing disclose?
The notice discloses a planned sale of 400 shares of Southern Copper Corporation common stock under Rule 144, with an aggregate market value of $55,600, to be sold through Inteligo SAB on the NYSE.
How were the SCCO shares in this Form 144 acquired?
The 400 shares were acquired on 05/01/2023 under Southern Copper Corporation's Directors' Stock Award Plan as compensation for service as a director, described as an exempt transaction under Rule 16b-3(d).
What recent SCCO stock sales does the Form 144 report for the past 3 months?
The notice lists several prior sales by the same account, including 214 shares on 09/03/2025 for gross proceeds of $21,614 and 200 shares on 09/12/2025 for gross proceeds of $21,088, along with other sales in October and November 2025.
What representation does the seller make about information on Southern Copper (SCCO)?
The seller represents that they do not know any material adverse information about Southern Copper Corporation's current or prospective operations that has not been publicly disclosed.
Who is the broker for the SCCO shares in this Form 144 filing?
The broker named is Inteligo SAB, located at Av. Rivera Navarrete 501, piso 21, San Isidro, Lima, with the shares to be sold on the NYSE.
How many Southern Copper (SCCO) shares or units are shown as outstanding in the notice?
The filing's securities information section lists 1,265 shares or other units outstanding for the class of common stock referenced in the planned sale.