STOCK TITAN

Inteligo SAB notifies sale activity in Southern Copper (SCCO) common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Inteligo SAB reported proposed and recent dispositions of Southern Copper Corporation (SCCO) common stock. The filing lists 800 shares of Common Stock in the securities table and shows awards of 400 shares on 07/27/2023 and 400 shares on 10/27/2023 received under the Issuer's Directors' Stock Award Plan. The filing also lists recent sales on 03/12/2026 and 03/13/2026 including an entry of 197 shares with a reported value of $33,697.80.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies the market of proposed sales by a filer tied to director awards.

The filing lists securities received under a Directors' Stock Award Plan on 07/27/2023 and 10/27/2023, each showing 400 shares. It also reports recent dispositions in 03/2026, including 197 shares for $33,697.80.

Timing and method of any remaining sales are not detailed in the excerpt; subsequent filings would show execution details and final proceeds.

The notice references Rule 16b-3 exempt director awards and Form 144 sale reporting.

The securities were described as received pursuant to the issuer's Directors' Stock Award Plan and as exempt under Rule 16b-3. Form 144 entries list both proposed sales (table entry 800) and recent completed sales in March 2026.

Cash‑flow treatment and whether remaining shares will be sold under the notice are not stated in the excerpt; filings that follow would clarify execution.

Form 144 table entry 800 shares Securities table header in the excerpt
Director awards 400 shares Award dated <date>07/27/2023</date>
Director awards 400 shares Award dated <date>10/27/2023</date>
Recent sale reported 197 shares Sale on <date>03/13/2026</date>
Reported sale value $33,697.80 Value tied to the 197-share entry on <date>03/13/2026</date>
Rule 16b-3 regulatory
"exempt transaction under Rule 16b-3 (d)."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Directors' Stock Award Plan financial
"Received pursuant to Issuer's Directors' Stock Award Plan for service as a director"
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the SCCO Form 144 filed by Inteligo SAB report?

The filing reports proposed and recent dispositions of Common Stock, listing 800 shares in the securities table and awards of 400 shares on 07/27/2023 and 10/27/2023 under the Directors' Stock Award Plan.

How many shares were reported as received under the Directors' Stock Award Plan?

The excerpt shows two award entries of 400 shares each, dated 07/27/2023 and 10/27/2023, described as received for service as a director and exempt under Rule 16b-3.

Does the filing show shares sold in the past three months for SCCO?

Yes; the filing lists recent sales in March 2026, including an entry on 03/13/2026 for 197 shares with a reported value of $33,697.80 in the provided excerpt.

Who is the reporting filer on this Form 144 for SCCO?

The filer is listed as Inteligo SAB with an address in Lima; the filing links the securities to awards from Southern Copper Corporation as described in the excerpt.

What does Rule 16b-3 referenced in the filing mean for these awards?

Rule 16b-3 provides an exemption for certain equity awards to directors; the filing states the awards were received pursuant to the Issuer's Directors' Stock Award Plan and exempt under Rule 16b-3.