Crockett Steven B 4

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.