Form 4: Southern Copper Corp Director Acquires 400 Shares Under Stock Award Plan

Director Luis Miguel Palomino Bonilla acquired 400 shares of Southern Copper Corp common stock on April 17, 2025, under the company's Directors' Stock Award Plan.

Summary

• On April 17, 2025, Luis Miguel Palomino Bonilla, a director of Southern Copper Corp, acquired 400 shares of common stock.
• The acquisition was made under the Issuer's Directors' Stock Award Plan for service as a director and is exempt under Rule 16b-3(d).
• Following the transaction, Palomino Bonilla directly owns 3,141 shares of Southern Copper Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

Director share acquisitions are a common occurrence in publicly traded companies and are often viewed as a sign of confidence in the company's prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired by a director.

Key Dates

Keywords

Southern Copper Corp, Director, Stock Award Plan, Share Acquisition, Form 4, Beneficial Ownership