South Plains Financial (SPFI): Curtis Griffith reports 6.15% ownership stake
Rhea-AI Filing Summary
Curtis C. Griffith reports beneficial ownership of common stock of South Plains Financial, Inc. on an amended Schedule 13G. He reports beneficial ownership of 1,165,447 shares of common stock, representing 6.15% of the class, based on 18,953,518 shares treated as outstanding for this calculation.
Griffith has sole voting and dispositive power over 685,087 shares and shared voting and dispositive power over 480,360 sharesdisclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 1,165,447 shares
Percent of class: 6.15%
Sole voting and dispositive power: 685,087 shares
+4 more
7 metrics
Beneficially owned shares
1,165,447 shares
Common stock beneficially owned by Curtis C. Griffith
Percent of class
6.15%
Percentage of South Plains Financial common stock class
Sole voting and dispositive power
685,087 shares
Shares over which Griffith has sole voting and dispositive power
Shared voting and dispositive power
480,360 shares
Shares over which Griffith has shared voting and dispositive power
Shares outstanding baseline
18,839,105 shares
Common stock outstanding as of August 4, 2026, used in percentage calculation
Vested stock options
114,413 shares
Shares vested from stock options held directly by Griffith
Spousal and irrevocable trust holdings
480,360 shares
Includes 45,360 spouse shares and 435,000 in Curtis C. Griffith 2021 Irrevocable Trust
Key Terms
beneficial ownership, dispositive power, pecuniary interest, Schedule 13G, +1 more
5 terms
beneficial ownership financial
"Mr. Griffith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"
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.
dispositive power financial
"Sole Dispositive Power 685,087.00 8 | Shared Dispositive Power 480,360.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"which Mr. Griffith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"
Schedule 13G regulatory
"the beneficial owner of these shares for purposes of Section 13 of the Securities Exchange Act of 1934"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Section 13 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 13 of the Securities Exchange Act of 1934, as amended"
FAQ
What percentage of South Plains Financial (SPFI) does Curtis C. Griffith report owning?
Curtis C. Griffith reports beneficial ownership of 6.15% of South Plains Financial’s common stock. This percentage is based on 18,839,105 shares outstanding plus 114,413 vested stock option shares attributable to him.
Which SPFI holdings does Curtis C. Griffith disclaim beneficial ownership of?
He disclaims beneficial ownership, except for any pecuniary interest, in 45,360 shares held by his spouse and 435,000 shares held in the Curtis C. Griffith 2021 Irrevocable Trust, where his spouse serves as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.