Curtis C. Griffith - May 6, 2024 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Signature
/s/ By Mikella D. Newsom as Attorney-in-Fact for Curtis C. Griffith
Stock symbol
SPFI
Transactions as of
May 6, 2024
Transactions value $
-$1,000,000
Form type
4
Date filed
5/8/2024, 03:40 PM
Previous filing
Mar 13, 2024
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Sale -$1M -40K -3.62% $25.00 1.06M May 6, 2024 Direct F1, F2
holding SPFI Common Stock 45.4K May 6, 2024 By Spouse F3
holding SPFI Common Stock 435K May 6, 2024 By CCG Trust F4
holding SPFI Common Stock 64K May 6, 2024 By RTW Trust F5
holding SPFI Common Stock 87K May 6, 2024 By BLW Trust F6
holding SPFI Common Stock 87K May 6, 2024 By WHW Trust F7
holding SPFI Common Stock 87K May 6, 2024 By SSG Trust F8
holding SPFI Common Stock 87K May 6, 2024 By JBG Trust F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to Noe G. Valles, a director of the Issuer, in a private transaction.
F2 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.
F3 Shares owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F4 Shares held in the Curtis C. Griffith 2021 Irrevocable Trust ("CCG Trust"), over which the Reporting Person's spouse, who shares the Reporting Person's household, serves as trustee. The members of the Reporting Person's immediate family are the beneficiaries of this trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F5 Shares held in the Richard Thomas White 2021 Trust ("RTW Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F6 Shares held in the Birdie Lucille White 2021 Trust ("BLW Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F7 Shares held in the William Hogan White 2021 Trust ("WHW Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F8 Shares held in the Sydney Suzanne Griffith 2021 Trust ("SSG Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F9 Shares held in the Johnathan Brockway Griffith 2021 Trust ("JBG Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.