Form 4: Southern Copper Corp Director Palomino Bonilla Sells 100 Shares
SEC Form 4 Filing
Director Luis Miguel Palomino Bonilla of Southern Copper Corporation sold 100 shares of common stock at a price of $87.1 on March 13, 2024.
Summary
- On March 13, 2024, Luis Miguel Palomino Bonilla, a director of Southern Copper Corporation, sold 100 shares of the company's common stock.
- The transaction was executed at a price of $87.1 per share.
- Following the transaction, Palomino Bonilla directly owns 5,014 shares of Southern Copper Corporation.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. This sale represents a small fraction of the director's holdings and may not be indicative of a larger trend or concern regarding the company's performance.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although the small size of the transaction suggests minimal impact.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of the stock sale transaction. |
| 03/14/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.