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

Role: CO-COO AND EVP, 10%+ Owner
Signature: /s/ Rudolph V. Renda
Stock symbol: SLND
Transactions as of: Dec 27, 2024
Transactions value $: $7,599,728
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	$7.6M	+2.22M	+57.14%	$3.43	6.09M	Dec 27, 2024	Direct	F1
holding	SLND	Common Stock						1.56M	Dec 27, 2024	By Rudolph V. Renda, Jr., 2015 Irrevocable Trust	F2, F3
holding	SLND	Common Stock						69.4K	Dec 27, 2024	By Christy Lee Renda 2015 Irrevocable Trust	F3, F4
holding	SLND	Common Stock						745K	Dec 27, 2024	By Angelo Joseph Renda Trust	F3, F5
holding	SLND	Common Stock						745K	Dec 27, 2024	By Lola Sofia Renda Trust	F3, F6

* 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 $7.6 million due from the Issuer for 2,215,664 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 Rudolph V. Renda, Jr., 2015 Irrevocable Trust ("Trust A"), a family trust established for the benefit of the immediate family of the reporting person. The reporting person 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 Christy Lee Renda 2015 Irrevocable Trust ("Trust B"), a family trust established for the benefit of the immediate family of the reporting person. The reporting person is the sole trustee of Trust B.
F5	These shares are held directly by the Angelo Joseph Renda Trust ("Trust C"), a family trust established for the benefit of a child of the reporting person. The reporting person is the sole trustee of Trust C.
F6	These shares are held directly by the Lola Sofia Renda Trust ("Trust D"), a family trust established for the benefit of a child of the reporting person. The reporting person is the sole trustee of Trust D.