Director Kyle Wargo receives 623-share stock award at South Plains (NASDAQ: SPFI)

Rhea-AI Filing Summary

South Plains Financial director Kyle R. Wargo received a stock grant. He was awarded 623 shares of South Plains Financial, Inc. common stock on May 20, 2026 as a grant or award with a reported price of $0.00 per share.

After this compensation-related acquisition, his direct ownership increased to 14,157 common shares. This filing reflects an equity award rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wargo Kyle R

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	623	$0.00	--

Holdings After Transaction: Common Stock — 14,157 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 623 shares Grant price: $0.00 per share Post-transaction holdings: 14,157 shares

3 metrics

Shares granted 623 shares Common Stock grant on May 20, 2026

Grant price $0.00 per share Reported transaction price for the award

Post-transaction holdings 14,157 shares Direct ownership after the grant

Key Terms

Grant, award, or other acquisition, Common Stock, beneficial ownership

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

beneficial ownership financial

"direct ownership increased to 14,157 common shares, reflecting his updated beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/22/2026 - 02:26 PM Accepted by SEC EDGAR 05/22/2026 - 02:25 PM 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^*

Wargo Kyle R

(Last) (First) (Middle)

5219 CITY BANK PARKWAY

(Street)

LUBBOCK TEXAS 79407-3544

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SOUTH PLAINS FINANCIAL, INC. [ SPFI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		A		623	A	$0	14,157	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

Explanation of Responses:

	/s/ By Mikella D. Newsom as Attorney-in-Fact for Kyle R. Wargo	05/22/2026
	** 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)

FAQ

What insider transaction did South Plains Financial (SPFI) report for Kyle R. Wargo?

South Plains Financial reported that director Kyle R. Wargo received a grant of 623 shares of common stock on May 20, 2026, as a compensation-related award rather than an open-market purchase or sale.

How many South Plains Financial (SPFI) shares does Kyle R. Wargo hold after this award?

After the May 20, 2026 grant, director Kyle R. Wargo directly owns 14,157 shares of South Plains Financial common stock, reflecting his updated beneficial ownership following the 623-share award reported in the insider filing.

Was the South Plains Financial (SPFI) insider transaction a purchase or a grant?

The transaction was a grant or award acquisition, not an open-market purchase. Director Kyle R. Wargo received 623 shares of South Plains Financial common stock as a compensation-related award, reported under transaction code A in the insider filing.

What does transaction code A mean in the South Plains Financial (SPFI) insider report?

Transaction code A in the South Plains Financial insider report indicates a grant, award, or other acquisition. For Kyle R. Wargo, it reflects a 623-share stock award rather than a market trade, increasing his direct holdings to 14,157 shares.

Did South Plains Financial (SPFI) director Kyle R. Wargo sell any shares in this filing?

No shares were reported sold in this filing. The insider report shows only a grant of 623 common shares to director Kyle R. Wargo, raising his direct ownership to 14,157 shares with no dispositions disclosed.