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

Signature
/s/ Rudolph V. Renda
Issuer symbol
SLND
Transactions as of
27 Dec 2024
Net transactions value
+$7,599,728
Form type
4
Filing time
31 Dec 2024, 20:30:07 UTC
Previous filing
27 Jun 2024
Next filing
17 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLND Common Stock Award $7,599,728 +2,215,664 +57% $3.43 6,092,998 27 Dec 2024 Direct F1
holding SLND Common Stock 1,560,155 27 Dec 2024 By Rudolph V. Renda, Jr., 2015 Irrevocable Trust F2, F3
holding SLND Common Stock 69,446 27 Dec 2024 By Christy Lee Renda 2015 Irrevocable Trust F3, F4
holding SLND Common Stock 744,829 27 Dec 2024 By Angelo Joseph Renda Trust F3, F5
holding SLND Common Stock 744,829 27 Dec 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.