4/A: Southern Copper Corp Director Amends Filing to Correct Number of Shares Sold

Sentiment:

SEC Form 4/A


Luis Miguel Palomino Bonilla, a director of Southern Copper Corp, amended a previous SEC Form 4 filing to correct the number of shares sold on April 30, 2024.

Summary

  • A Form 4/A filing was submitted to the SEC by or on behalf of Luis Miguel Palomino Bonilla, a director of Southern Copper Corporation.
  • The filing amends a previous Form 4 filed on May 1, 2024, to correct the number of shares sold on April 30, 2024.
  • The director sold 2,000 shares of Common Stock at $118.30 and 1,600 shares at $118.44.
  • Following the reported transactions, the director beneficially owns 2,214 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Insider transactions are routinely monitored by investors as an indicator of management's perspective on the company's valuation and future prospects. However, single transactions are not necessarily indicative of a trend.

Key Dates

DateDescription
04/30/2024Date of the stock sale transaction
05/01/2024Date of original Form 4 filing
05/01/2024Date of amended Form 4/A filing

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