Mikella D. Newsom - Dec 31, 2024 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Signature
/s/ Mikella D. Newsom
Stock symbol
SPFI
Transactions as of
Dec 31, 2024
Transactions value $
-$41,860
Form type
4
Date filed
1/3/2025, 03:16 PM
Previous filing
Nov 19, 2024
Next filing
Feb 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Options Exercise $17.6K +3K +7.02% $5.88 45.8K Dec 31, 2024 Direct F1
transaction SPFI Common Stock Tax liability -$38.6K -1.12K -2.44% $34.53 44.6K Dec 31, 2024 Direct
transaction SPFI Common Stock Options Exercise $17.6K +3K +14.53% $5.88 23.6K Dec 31, 2024 By Spouse F1, F2
transaction SPFI Common Stock Tax liability -$38.6K -1.12K -4.72% $34.53 22.5K Dec 31, 2024 By Spouse F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPFI Stock Options (Right to Buy) Options Exercise $0 -3K -100% $0.00 0 Dec 31, 2024 Common Stock 3K $5.88 Direct F3
transaction SPFI Stock Options (Right to Buy) Options Exercise $0 -3K -100% $0.00 0 Dec 31, 2024 Common Stock 3K $5.88 By Spouse F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported include restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions.
F2 Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer.
F3 These were fully exercisable on date of grant to Reporting Person.
F4 Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer.