4/A: Southern Copper Corp Director Corrects Beneficial Ownership After Stock Sale
SEC Form 4/A (Amendment to Statement of Changes in Beneficial Ownership)
Luis Miguel Palomino Bonilla, a director at Southern Copper Corp, amended a previous filing to correct the number of securities beneficially owned following a stock sale on April 29, 2024.
Summary
- On April 29, 2024, Luis Miguel Palomino Bonilla, a director at Southern Copper Corp, sold 300 shares of common stock at a price of $118.5 per share.
- An amended filing was submitted on April 30, 2024, to correct the number of securities beneficially owned following the transaction.
- The corrected number of securities beneficially owned following the reported transaction is 5,414 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previously reported transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the beneficial ownership provides accurate information to shareholders and the market.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of stock sale transaction and original filing. |
| 04/30/2024 | Date of amended filing to correct beneficial ownership. |
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