Frankie S. Renda - Dec 27, 2024 Form 4 Insider Report for Southland Holdings, Inc. (SLND)

Role
PRESIDENT AND CEO, Director, 10%+ Owner
Signature
/s/ Frankie S. Renda
Stock symbol
SLND
Transactions as of
Dec 27, 2024
Transactions value $
$11,649,079
Form type
4
Date filed
12/31/2024, 08:30 PM
Previous filing
Jun 27, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLND Common Stock Award $11.6M +3.4M +29.35% $3.43 15M Dec 27, 2024 Direct F1
holding SLND Common Stock 6.14M Dec 27, 2024 By Frank Renda 2015 Irrevocable Trust F2, F3
holding SLND Common Stock 2.21M Dec 27, 2024 By Madison Nicole Renda Trust F3, F4
holding SLND Common Stock 2.21M Dec 27, 2024 By Dominic Vincent Renda Trust F3, F5
holding SLND Common Stock 2.21M Dec 27, 2024 By Santino Leonidas Renda Trust F3, F6
holding SLND Common Stock 69.3K Dec 27, 2024 By Amanda Delee Renda F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a securities purchase agreement dated December 27, 2024, the reporting person exchanged outstanding principal and interest under certain promissory notes of approximately $11.649 million due from the Issuer for 3,396,233 shares of common stock of the Issuer valued at $3.43 per share, which was the closing trading price of the Issuer's common stock on December 27, 2024.
F2 These shares are held directly by the Frank Renda 2015 Irrevocable Trust ("Trust A"), a family trust established for the benefit of the immediate family of Frankie S. Renda. Frankie S. Renda is the sole trustee of Trust A.
F3 For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
F4 These shares are held directly by the Madison Nicole Renda Trust ("Trust B"), a family trust established for the benefit of a child of Frankie S. Renda. Frankie S. Renda is the sole trustee of Trust B.
F5 These shares are held directly by the Dominic Vincent Renda Trust ("Trust C"), a family trust established for the benefit of a child of Frankie S. Renda. Frankie S. Renda is the sole trustee of Trust C.
F6 These shares are held directly by the Santino Leonidas Renda Trust ("Trust D"), a family trust established for the benefit of a child of Frankie S. Renda. Frankie S. Renda is the sole trustee of Trust D.
F7 These shares are held directly by the spouse of Frankie S. Renda.