South Plains Financial (SPFI) director receives 623-share stock award

Rhea-AI Filing Summary

South Plains Financial director LaDana R. Washburn received a grant of 623 shares of Common Stock on May 20, 2026 as a stock award with no cash price per share. After this acquisition, Washburn directly holds 2,245 shares of South Plains Financial common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Washburn LaDana R

Role null

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

Holdings After Transaction: Common Stock — 2,245 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 623 shares Total holdings after transaction: 2,245 shares Reported price per share: $0.0000 per share +1 more

4 metrics

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

Total holdings after transaction 2,245 shares Directly owned Common Stock after grant

Reported price per share $0.0000 per share Grant, award, or other acquisition

Acquisition transactions in filing 1 transaction Form 4 transaction summary acquireCount

Key Terms

Common Stock, Grant, award, or other acquisition, Form 4, transaction code A

4 terms

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code A regulatory

"transaction_code: "A""

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^*

Washburn LaDana 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	2,245	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 LaDana R. Washburn	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 SPFI director LaDana R. Washburn report?

Director LaDana R. Washburn reported receiving a grant of 623 shares of South Plains Financial Common Stock. This was classified as a grant, award, or other acquisition with no cash price per share on May 20, 2026.

How many SPFI shares does LaDana R. Washburn own after this grant?

After the reported grant, LaDana R. Washburn directly holds 2,245 shares of South Plains Financial Common Stock. This total reflects her position immediately following the 623-share award transaction on May 20, 2026.

Was the SPFI director stock grant a market purchase or compensation award?

The 623-share transaction was a compensation-related award, not an open-market purchase. It is coded as a grant, award, or other acquisition, with a reported price per share of $0.0000 on the Form 4.

What transaction code is used for LaDana R. Washburn’s SPFI share award?

The transaction uses code A, indicating a grant, award, or other acquisition. This code signals that the shares were received as part of compensation or similar arrangements rather than bought or sold in the open market.

Does the Form 4 for SPFI show any stock sales by LaDana R. Washburn?

No stock sales are reported in this Form 4 for LaDana R. Washburn. The filing shows only a single acquisition transaction coded as a grant, award, or other acquisition of 623 common shares on May 20, 2026.