South Plains Financial (SPFI) CFO logs stock grant and tax withholding share disposal

Rhea-AI Filing Summary

South Plains Financial CFO and Treasurer Steven B. Crockett reported equity compensation transactions involving the company’s common stock. On February 18, 2026, he acquired 5,306 shares as a grant or award at $0.00 per share, bringing his direct holdings to 90,894 shares. On February 19, 2026, 582 shares were disposed of at $41.86 per share to cover tax withholding obligations, after which he directly owned 90,312 shares. His reported holdings include restricted stock units that can be settled in an equal number of shares and are subject to vesting and forfeiture conditions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Crockett Steven B

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	582	$41.86	$24K
Grant/Award	Common Stock	5,306	$0.00	--

Holdings After Transaction: Common Stock — 90,312 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Crockett Steven B

(Last) (First) (Middle)

5219 CITY BANK PARKWAY

(Street)

LUBBOCK TX 79407-3544

(City) (State) (Zip)

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A		5,306	A	$0	90,894(1)	D
Common Stock	02/19/2026		F		582	D	$41.86	90,312(1)	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:

1. 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.

	/s/ Mikella D. Newsom as Attorney- in-Fact for Steven B Crockett	02/20/2026
	** 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.

FAQ

What insider transactions did SPFI CFO Steven B. Crockett report?

Steven B. Crockett reported two transactions in South Plains Financial common stock: a grant or award acquisition of 5,306 shares on February 18, 2026, followed by a 582-share tax-withholding disposition on February 19, 2026, both classified as direct ownership.

Was the SPFI insider stock disposition an open-market sale?

No. The 582-share disposition on February 19, 2026 is coded “F,” meaning it was a tax-withholding disposition to satisfy exercise price or tax liability, not an open-market sale of South Plains Financial common stock by the CFO.

How many SPFI shares does the CFO own after these transactions?

After the February 19, 2026 tax-withholding disposition, CFO Steven B. Crockett directly owned 90,312 shares of South Plains Financial common stock. This reported amount also includes restricted stock units that may settle in shares and are subject to vesting and forfeiture conditions.

What was the size of the SPFI equity grant to the CFO?

On February 18, 2026, Steven B. Crockett received a grant or award of 5,306 shares of South Plains Financial common stock at a stated price of $0.00 per share, increasing his directly owned position before subsequent tax-withholding transactions.

How are restricted stock units treated in the SPFI CFO’s holdings?

The reported holdings for Steven B. Crockett include restricted stock units (RSUs) that may be settled only by delivering an equal number of South Plains Financial common shares. These RSUs are subject to vesting and forfeiture conditions, affecting when and whether they convert into actual shares.