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Southland Executive's Massive 9.2M Share Position Signals Strong Insider Confidence

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rudolph V. Renda, Co-COO, EVP, Director, and 10% owner of Southland Holdings (SLND), reported significant insider transactions on June 25, 2025. The transactions involved:

  • Acquisition of 15,706 shares through the vesting of restricted stock units (RSUs)
  • Disposition of 369 shares at $3.80 per share for tax withholding purposes

Following these transactions, Renda directly owns 6,108,335 shares and indirectly controls 3,119,259 additional shares through four family trusts: Rudolph V. Renda Jr. Trust (1,560,155 shares), Christy Lee Renda Trust (69,446 shares), and two children's trusts (744,829 shares each). Renda retains 31,412 unvested RSUs that will vest in equal portions on June 25, 2026, and 2027, as part of a three-year vesting schedule initiated in 2024.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Renda Rudolph V.

(Last) (First) (Middle)
1100 KUBOTA DR.

(Street)
GRAPEVINE TX 76051

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Southland Holdings, Inc. [ SLND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CO-COO AND EVP
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/25/2025 M 15,706 A (1) 6,108,704 D
Common Stock 06/25/2025 F 369(2) D $3.8(3) 6,108,335 D
Common Stock 1,560,155 I By Rudolph V. Renda, Jr., 2015 Irrevocable Trust(4)(5)
Common Stock 69,446 I By Christy Lee Renda 2015 Irrevocable Trust(5)(6)
Common Stock 744,829 I By Angelo Joseph Renda Trust(5)(7)
Common Stock 744,829 I By Lola Sofia Renda Trust(5)(8)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) 06/25/2025 M 15,706 (9) (9) Common Stock 15,706 $0 31,412 D
Explanation of Responses:
1. Each restricted stock unit is equivalent to one share of the Issuer's common stock.
2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the reporting person's restricted stock units.
3. Reflects the closing trading price of the Issuer's common stock on June 25, 2025.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. The reporting person received an award of restricted stock units on June 25, 2024. The restricted stock units shall vest over a three-year period, with one-third (1/3) of the shares vesting on June 25, 2025, one-third (1/3) of the shares vesting on June 25, 2026, and the remaining shares vesting on June 25, 2027.
/s/ Rudolph V. Renda 06/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many SLND shares did Rudolph V. Renda acquire on June 25, 2025?

On June 25, 2025, Rudolph V. Renda acquired 15,706 shares of SLND common stock through the vesting of restricted stock units (RSUs). However, 369 shares were withheld for tax purposes, resulting in a net acquisition of 15,337 shares.

What positions does Rudolph V. Renda hold at SLND?

Rudolph V. Renda serves multiple roles at Southland Holdings (SLND): he is a Director, a 10% Owner, and serves as Co-COO and EVP (Co-Chief Operating Officer and Executive Vice President) of the company.

What is the vesting schedule for SLND's RSUs granted to Renda?

The restricted stock units (RSUs) were granted on June 25, 2024, with a three-year vesting schedule: one-third (1/3) vests on June 25, 2025, one-third vests on June 25, 2026, and the final third vests on June 25, 2027.

How many SLND shares does Rudolph V. Renda control through family trusts?

Rudolph V. Renda controls a total of 3,119,259 shares through four family trusts: 1,560,155 shares in the Rudolph V. Renda, Jr., 2015 Irrevocable Trust, 69,446 shares in the Christy Lee Renda 2015 Irrevocable Trust, and 744,829 shares each in both the Angelo Joseph Renda Trust and Lola Sofia Renda Trust.

What was the stock price of SLND used for tax withholding on June 25, 2025?

The closing trading price of SLND common stock on June 25, 2025, used for tax withholding purposes, was $3.80 per share.
Southland Holdings Inc

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39.06M
11.27M
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
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United States
GRAPEVINE