Southland CFO converts 10K RSUs to common stock

Southland Holdings, Inc. executive Keith Bassano (CFO and Treasurer) reported the vesting and conversion of restricted stock units into common stock.

Rhea-AI Filing Summary

Southland Holdings, Inc. executive Keith Bassano (CFO and Treasurer) reported the vesting and conversion of restricted stock units into common stock. On August 15, 2026, 10,064 restricted stock units were converted into 10,064 shares of common stock. Following these transactions, Bassano directly holds 54,281 common shares and 20,129 restricted stock units. The RSUs come from a 30,193-unit award granted on August 15, 2025 that vests in roughly equal thirds annually through August 15, 2028.

Insider Trade Summary

10,064 shares exercised/converted

Exercise 2 txns

Insider Bassano Keith

Role CFO AND TREASURER

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F1, F2	10,064	$0.00	$0.00
Exercise	Common Stock F1	10,064	--	--

Holdings After Transaction: Restricted Stock Unit — 20,129 contracts (Direct); Common Stock — 54,281 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit is equivalent to one share of the Issuer's common stock.
2. F2. The reporting person received an award of 30,193 restricted stock units ("RSUs") on August 15, 2025. The RSUs vest over a three-year period, with approximately one-third (1/3) of the RSUs having vested on August 15, 2026, approximately one-third (1/3) of the RSUs vesting on August 15, 2027, and the remaining RSUs vesting on August 15, 2028.

Key Figures

RSUs Converted: 10,064 Common Shares After Transaction: 54,281 RSUs Remaining: 20,129 +2 more

5 metrics

RSUs Converted 10,064 Restricted stock units converted into common stock on August 15, 2026

Common Shares After Transaction 54,281 Direct common stock holdings of Keith Bassano following August 15, 2026 transactions

RSUs Remaining 20,129 Directly owned restricted stock units reported after the derivative disposition entry

Original RSU Award 30,193 Restricted stock units awarded on August 15, 2025

Vesting Dates August 15, 2026; 2027; 2028 Three-year RSU vesting schedule in approximately one-third increments

Key Terms

Restricted Stock Unit, derivative security, vesting

3 terms

Restricted Stock Unit financial

"Each restricted stock unit is equivalent to one share of the Issuer's common stock"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

derivative security financial

"transaction_action is described as derivative exercise/conversion of a derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vesting financial

"The RSUs vest over a three-year period, with approximately one-third vesting each year"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Southland Holdings (SLND) CFO Keith Bassano report on August 15, 2026?

Bassano reported the vesting and conversion of 10,064 restricted stock units into 10,064 common shares on August 15, 2026. This was an exercise or conversion of a derivative security, not an open-market purchase or sale.

How many Southland Holdings (SLND) common shares does Keith Bassano hold after this Form 4?

After the reported transactions, Bassano directly holds 54,281 shares of common stock. These shares include the 10,064 shares received from the conversion of vested restricted stock units reported for August 15, 2026.

What restricted stock unit (RSU) award does Southland Holdings (SLND) CFO Keith Bassano have outstanding?

Bassano received an award of 30,193 restricted stock units on August 15, 2025. The RSUs vest over three years in roughly equal thirds on August 15, 2026, August 15, 2027, and August 15, 2028, each RSU equal to one common share.

How many restricted stock units remain unvested for Southland Holdings (SLND) CFO after this transaction?

Following the August 15, 2026 vesting, Bassano has 20,129 restricted stock units reported as directly owned. These represent the remaining portion of his 30,193-unit RSU grant scheduled to vest in 2027 and 2028.

Was the Southland Holdings (SLND) Form 4 transaction by Keith Bassano a market buy or sell?

No. The Form 4 describes an exercise or conversion of a derivative security, where 10,064 RSUs converted into 10,064 common shares. The structured data does not show any open-market purchase or sale in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/17/2026 - 08:00 PM EDT Learn about SEC filing dates

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^*

Bassano Keith

(Last) (First) (Middle)

1100 KUBOTA DRIVE

(Street)

GRAPEVINE TEXAS 76051

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Southland Holdings, Inc. [ SLND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO AND TREASURER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/15/2026		M		10,064	A	(1)	54,281	D

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)	08/15/2026		M			10,064	(2)	(2)	Common Stock	10,064	$0	20,129	D

Explanation of Responses:

1. Each restricted stock unit is equivalent to one share of the Issuer's common stock.

2. The reporting person received an award of 30,193 restricted stock units ("RSUs") on August 15, 2025. The RSUs vest over a three-year period, with approximately one-third (1/3) of the RSUs having vested on August 15, 2026, approximately one-third (1/3) of the RSUs vesting on August 15, 2027, and the remaining RSUs vesting on August 15, 2028.

	/s/ Keith Bassano	08/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)