4/A: Southern Copper Corp Director Palomino Bonilla Reports Acquisition of 400 Shares

Director Luis Miguel Palomino Bonilla reports acquiring 400 shares of Southern Copper Corp common stock through the Director's Stock Award Plan.

Summary

• On January 29, 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 beneficially owns 2,941 shares of Southern Copper Corp common stock, including 28 dividend shares received in 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which is generally a positive sign but not significantly impactful.

Positives

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

Industry Context

Director stock ownership is a common practice in publicly traded companies and is often viewed positively by investors as it aligns the interests of the director with those of the shareholders.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

Keywords

Southern Copper Corp, Director, Stock Acquisition, Form 4, Palomino Bonilla, Beneficial Ownership