Southern Copper (SCCO) director sells 100 Common Stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southern Copper Corporation director Luis Miguel Palomino Bonilla sold 100 shares of Common Stock in an open-market transaction. The sale occurred at a price of $200.00 per share. After this transaction, he directly holds 1,707 shares of Southern Copper Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100 shares ($20,000)
Net Sell
1 txn
Insider
PALOMINO BONILLA LUIS MIGUEL
Role
null
Sold
100 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100 | $200.00 | $20K |
Holdings After Transaction:
Common Stock — 1,707 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 100 shares
Sale price per share: $200.00 per share
Shares held after transaction: 1,707 shares
+1 more
4 metrics
Shares sold
100 shares
Open-market sale of Common Stock on 2026-06-02
Sale price per share
$200.00 per share
Reported transaction price for Common Stock
Shares held after transaction
1,707 shares
Total direct holdings following the sale
Net buy/sell shares
-100 shares
transactionSummary netBuySellShares for this Form 4
Key Terms
open-market sale, Common Stock, transaction code "S", total shares following transaction
4 terms
open-market sale financial
"transaction_action field describes the trade as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title for the transaction is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" regulatory
"transaction_code is reported as "S" for this sale"
FAQ
What insider transaction did Southern Copper (SCCO) report in this Form 4?
Southern Copper reported that director Luis Miguel Palomino Bonilla sold 100 shares of Common Stock. The transaction was an open-market sale at a price of $200.00 per share, according to the Form 4 filing details.
Who is the insider involved in the latest Southern Copper Form 4 filing?
The insider is Luis Miguel Palomino Bonilla, a director of Southern Copper Corporation. The Form 4 identifies him as a director and reports his open-market sale of Common Stock, including share amount, price, and remaining holdings.
Was the Southern Copper (SCCO) insider trade a buy or a sell transaction?
The insider trade was a sale transaction. The Form 4 uses transaction code “S” and describes it as an open-market sale, with the transaction_direction field also indicating a sell for the 100 Common Stock shares.