Walter Timothy Winn - Dec 27, 2024 Form 4 Insider Report for Southland Holdings, Inc. (SLND)

Role
CO-COO AND EVP, Director, 10%+ Owner
Signature
/s/ Walter Timothy Winn
Stock symbol
SLND
Transactions as of
Dec 27, 2024
Transactions value $
$751,177
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 $751K +219K +12.98% $3.43 1.91M Dec 27, 2024 Direct F1
holding SLND Common Stock 559K Dec 27, 2024 By Trust F2, F3
holding SLND Common Stock 559K Dec 27, 2024 By Trust F2, F3
holding SLND Common Stock 559K Dec 27, 2024 By Trust F2, F3
* 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 $751,000 due from the Issuer for 219,002 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 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.
F3 These shares are held directly by a trust established for the benefit of a child of the reporting person.