STOCK TITAN

Southern Copper (SCCO) director to resell 300 awarded shares after prior stock sales

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A director of Southern Copper Corporation plans to sell 300 shares of common stock through broker Inteligo SAB on or after August 4, 2026. These shares were received on February 1, 2024 under the company’s Directors Stock Award Plan as an exempt transaction under Rule 16b-3(d).

The filing also lists recent sales of Southern Copper common stock through Inteligo SAB over the past three months, including several transactions of 100-share lots and one sale of 4 shares, each with stated aggregate sale prices.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold 300 shares Common stock sale through Inteligo SAB on or after August 4, 2026
Approximate aggregate sale value 58500 Listed with the proposed sale of 300 shares of common stock
Shares acquired under award plan 400 shares Common stock received February 1, 2024 under Directors Stock Award Plan
Sale on May 15, 2026 100 shares for 17820 Common stock sold through Inteligo SAB during past 3 months
Sale on May 21, 2026 (1st) 100 shares for 17580 Common stock sold through Inteligo SAB during past 3 months
Sale on May 21, 2026 (2nd) 100 shares for 17985 Common stock sold through Inteligo SAB during past 3 months
Sale on June 2, 2026 100 shares for 20000 Common stock sold through Inteligo SAB during past 3 months
Sale on June 5, 2026 4 shares for 724 Common stock sold through Inteligo SAB during past 3 months
Sale on July 24, 2026 100 shares for 17900 Common stock sold through Inteligo SAB during past 3 months
Form 144 regulatory
"144: Securities Information Common Stock"
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.
Directors Stock Award Plan financial
"Received pursuant to Issuer's Directors Stock Award Plan for services"
Rule 16b-3(d) regulatory
"exempt transaction under Rule 16b-3(d)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
exempt transaction regulatory
"for services as a director- exempt transaction under Rule 16b-3(d)."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does Southern Copper (SCCO) disclose in this Form 144 filing?

The filing states that a Southern Copper Corporation director intends to sell 300 shares of common stock through Inteligo SAB on or after August 4, 2026, and lists several prior sales in the past three months.

How many Southern Copper (SCCO) shares are proposed to be sold?

The proposed transaction covers 300 shares of Southern Copper common stock. The Form 144 lists these shares with an approximate aggregate sale value of 58,500, identifying Inteligo SAB as the broker and setting an intended sale date of August 4, 2026.

How were the Southern Copper (SCCO) shares being sold obtained?

The 300 shares were received on February 1, 2024 under Southern Copper’s Directors Stock Award Plan for services as a director. The filing characterizes this as an exempt transaction under Rule 16b-3(d) of the securities laws.

What recent Southern Copper (SCCO) stock sales are listed in the past 3 months?

The filing lists several Inteligo SAB trades: multiple 100-share sales of common stock on May 15, May 21, June 2, and July 24, 2026, and one sale of 4 shares on June 5, 2026, each with stated aggregate sale proceeds.

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