Welcome to our dedicated page for Southland Holdings SEC filings (Ticker: SLND), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Southland Holdings, Inc. filings document the regulatory record of a public infrastructure construction company with common stock and redeemable warrants. Its disclosures include 8-K reports on operating results, material agreements, surety funding arrangements, credit-agreement matters, and project-related litigation or settlements involving its construction subsidiaries.
Proxy materials describe annual meeting proposals, director elections, auditor ratification, executive compensation, board governance, and stockholder voting procedures. The filing record also covers capital-structure details, contract-risk disclosures tied to bonded construction obligations, and financial-reporting effects from legacy project disputes.
Southland Holdings, Inc. entered into a Financial Assistance Agreement with its surety providers and a Second Amendment to its term loan Credit Agreement, both dated August 13, 2026. These arrangements formalize and restructure extensive surety and lender support for bonded construction projects and existing debt.
As of June 30, 2026, the Sureties had provided $58.97 million of Bonding Surety Financing and $150.86 million of Non-Bonding Financing, totaling approximately $209.8 million. The company expects to convert $150.86 million of Non-Bonding Financing into senior non-voting preferred shares with a $1,000 stated value and liquidation preference, ranking senior to all other equity, with final sizing tied to 50% of actual project losses. Remaining Non-Bonding Financing will be unsecured, non-interest-bearing indebtedness, potentially subject to forgiveness if project outcomes fall within 20% of expected loss.
The Second Amendment reduces the term loan interest rate during a defined Relief Period to a 4.00% fixed paid-in-kind rate, suspends scheduled amortization and early-termination premiums, and eases liquidity and reporting covenants, while leaving the September 30, 2028 maturity in place on an outstanding balance of $96.4 million.
Southland Holdings, Inc. reported sharply weaker results for the quarter and six months ended June 30, 2026. Quarterly revenue fell to $113.3 million from $215.4 million, and the company generated a gross loss of $71.2 million versus gross profit a year earlier. For the first half of 2026, revenue declined to $285.7 million from $454.9 million and the gross loss was $76.0 million. Segment results were negative in both Civil and Transportation.
The company recorded a net loss attributable to stockholders of $84.3 million for the quarter and $112.6 million for six months, compared with losses of $10.3 million and $14.9 million in the prior-year periods. Large unfavorable contract estimate revisions reduced gross profit by $103.3 million in the quarter. The balance sheet shows a stockholders’ deficit of $253.5 million and a significant increase in surety payable to $298.9 million, including the approximately $89.1 million Washington State Convention Center judgment funded by sureties. Operating activities used $171.9 million of cash in the first half, partly offset by $195.7 million of surety fund advances, while the company reports Remaining Unsatisfied Performance Obligations of $1.7 billion, 38% expected to convert to revenue within twelve months.
Southland Holdings, Inc. reported very weak results for the quarter ended June 30, 2026. Revenue was $113.3 million, down 47.4% from $215.4 million a year earlier, and the company recorded a gross loss of $71.2 million with gross margin at (62.9)%. Management attributed the decline mainly to unfavorable non-cash adjustments on legacy disputes: a comprehensive reassessment of claims led to a $102.3 million negative revenue adjustment and a $93.6 million hit to gross profit, while the Materials & Paving business further reduced gross profit.
Net loss attributable to Southland stockholders was $84.3 million for the quarter and $112.6 million for the first half of 2026, compared with losses of $10.3 million and $14.9 million in the prior-year periods. Quarterly EBITDA swung to ($73.4 million) from $4.2 million. For the first six months, operations used $171.9 million of cash, partly offset by $195.7 million of advances from surety funds, and cash and restricted cash ended at $45.7 million. Backlog remained sizable at $1.68 billion as of June 30, 2026, down from $2.03 billion at year-end, while total liabilities exceeded assets, resulting in a total equity deficit of $248.2 million.
Southland Holdings, Inc. director and Co-COO/EVP Rudolph V. Renda reported the vesting and exercise of 15,706 restricted stock units, which converted into an equal number of common shares at $0.00 per share. Following this transaction, he directly holds 6,150,566 shares of common stock.
The filing also updates indirect holdings in several family trusts. The Rudolph V. Renda, Jr., 2015 Irrevocable Trust holds 1,560,155 shares, the Christy Lee Renda 2015 Irrevocable Trust holds 69,446 shares, and each of the Angelo Joseph Renda Trust and Lola Sofia Renda Trust holds 744,829 shares. Footnotes state these trusts are for the benefit of his immediate family and that he disclaims beneficial ownership except to the extent of his pecuniary interest.
Southland Holdings, Inc. director and co-COO Timothy Winn increased his stake through the vesting of restricted stock units. On June 25, 2026, 15,706 restricted stock units converted into an equal number of common shares at no cash exercise price, as part of an award of 47,118 RSUs granted on June 25, 2024. The award vests in three equal annual installments in 2025, 2026 and 2027. After this transaction, Winn directly holds 1,992,952 shares of common stock, reflecting routine equity compensation rather than any open‑market buying or selling.
Southland Holdings, Inc. President and CEO Frankie S. Renda reported an exercise of restricted stock units that delivered 55,433 shares of common stock, at a conversion price of $0.00 per share. Following this transaction, he directly holds 15,134,788 shares of Southland common stock.
The filing also lists indirect holdings held through family trusts and a spouse account, including shares held by the Frank Renda 2015 Irrevocable Trust and separate trusts for Madison Nicole, Dominic Vincent, and Santino Leonidas Renda, plus shares held by his spouse. A prior award of 166,298 restricted stock units vests over three years, with tranches vesting on June 25, 2025, June 25, 2026, and June 25, 2027, illustrating a structured, multi‑year equity compensation plan.
Southland Holdings, Inc. Chief Financial Officer and Treasurer Keith Bassano exercised restricted stock units into common stock as part of an existing equity award. On June 13, 2026, he converted 19,009 restricted stock units into an equal number of common shares at a stated price of $0.00 per share, reflecting vesting rather than an open-market purchase.
This transaction stems from an award of 57,029 restricted stock units granted on June 13, 2025, which vests over three years. After the transaction, Bassano directly holds 44,217 shares of common stock and 38,020 restricted stock units, indicating that a substantial portion of his compensation remains in equity that will vest through June 2028.
Southland Holdings, Inc. director and Co-COO/EVP Rudolph V. Renda reported the vesting and exercise of restricted stock units into common stock and updated his trust-related holdings. On June 13, 2026, he exercised 26,525 restricted stock units at $0.00 per unit, receiving an equal number of common shares, bringing his direct common stock holdings to 6,134,860 shares.
The Form 4 notes that each restricted stock unit equals one share of common stock, and that this vesting is part of a 79,575 RSU award granted on June 13, 2025, which vests in three equal annual installments through 2028. Following this transaction, he holds 53,050 restricted stock units directly.
The filing also details indirect holdings in several family trusts where Renda is sole trustee, including 1,560,155 shares held by the Rudolph V. Renda, Jr., 2015 Irrevocable Trust, 69,446 shares held by the Christy Lee Renda 2015 Irrevocable Trust, and 744,829 shares each held by the Angelo Joseph Renda Trust and the Lola Sofia Renda Trust. The report states that Renda disclaims beneficial ownership of these trust-held securities except to the extent of any pecuniary interest.
Southland Holdings, Inc. director and Co-COO/EVP Winn Walter Timothy acquired 26,525 shares of common stock through the exercise of restricted stock units. These shares relate to a 79,575 RSU award granted on June 13, 2025, which vests in three equal annual installments.
After this vesting event, he directly holds 1,977,246 shares of common stock and 53,050 RSUs that remain scheduled to vest in equal portions on June 13, 2027 and June 13, 2028. The filing reflects compensation-related equity vesting rather than any open-market purchase or sale.
Southland Holdings, Inc. director, president, CEO and 10% owner Frankie S. Renda reported an equity award vesting and related share movements. On June 13, 2026, he exercised 57,471 restricted stock units into an equal number of common shares at a stated price of $0.00 per share, bringing his directly held common stock to 15,079,355 shares.
The filing also lists indirect holdings in common stock through family-related accounts and trusts, including 6,140,497 shares held by the Frank Renda 2015 Irrevocable Trust and 2,211,394 shares held by each of the Santino Leonidas, Dominic Vincent, and Madison Nicole Renda Trusts, plus 69,270 shares held by his spouse. The restricted stock unit position after this vesting stands at 114,942 RSUs. Footnotes state each RSU equals one share of common stock and that Mr. Renda disclaims beneficial ownership of certain securities except to the extent of his pecuniary interest.