Crockett Steven B 4
4 · SOUTH PLAINS FINANCIAL, INC. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
South Plains Financial CFO Steven B. Crockett Receives RSU Award
What Happened
Steven B. Crockett, CFO and Treasurer of South Plains Financial, received an award of 5,306 restricted stock units (RSUs) on 2026-02-18 (reported on Form 4). To satisfy tax withholding related to the award, 582 shares were withheld/disposed on 2026-02-19 at an effective price of $41.86 per share, totaling $24,363. The RSUs were granted at $0.00 (typical for awards).
Key Details
- Transaction dates: RSU award on 2026-02-18; tax withholding (disposition) on 2026-02-19.
- Prices/values: Awarded 5,306 RSUs @ $0.00; 582 shares withheld @ $41.86 each = $24,363 withheld.
- Footnote: RSUs may be settled only by delivery of an equal number of common shares and are subject to vesting and forfeiture conditions.
- Transaction codes: A = Award/Grant (RSUs); F = Tax withholding (disposal of shares).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: Reported on 2026-02-20 for transactions occurring 2026-02-18/19 (appears timely).
Context
RSU grants are a form of compensation and not an open-market purchase; the withholding of shares to cover taxes is routine and does not necessarily signal buying or selling intent. For retail investors, purchases by insiders can be more informative than awards; this filing primarily documents compensation and related tax withholding.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-18+5,306→ 90,894 total - Tax Payment
Common Stock
[F1]2026-02-19$41.86/sh−582$24,363→ 90,312 total
Footnotes (1)
- [F1]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.