Southern Copper (SCCO) director to resell 300 awarded shares after prior stock sales
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.
Key Figures
Proposed shares to be sold: 300 shares
Approximate aggregate sale value: 58500
Shares acquired under award plan: 400 shares
+6 more
9 metrics
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
Key Terms
Form 144, Directors Stock Award Plan, Rule 16b-3(d), exempt transaction
4 terms
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.
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.
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.