Griffith Curtis C 4
Research Summary
AI-generated summary
SPFI CEO Curtis C. Griffith Gifts 4,000 Shares
What Happened
- Curtis C. Griffith, Chairman, CEO and Director of South Plains Financial, reported a gift disposition of 4,000 shares on February 11, 2026. The transaction is recorded as a gift (code G) with a reported price of $0.00 and no proceeds. The Form 4 was filed on February 13, 2026.
Key Details
- Transaction date: 2026-02-11; Report filed: 2026-02-13 (appears timely; within two business days).
- Transaction type: Gift (G); shares disposed: 4,000; reported price per share: $0.00; total proceeds: $0.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes:
- F1: Some reported shares include restricted stock units (RSUs) that settle in shares and are subject to vesting/forfeiture.
- F2–F8: Various holdings are held by the reporting person's spouse or family trusts; the reporting person disclaims beneficial ownership of those shares except to the extent of any pecuniary interest.
- No indication of a 10b5-1 plan, tax withholding sale, or option exercise in this filing.
Context
- Gifts are dispositions and do not necessarily indicate the insider’s view of the company’s prospects; they are often used for estate or personal planning.
- The inclusion of RSUs (F1) means some reported share counts may reflect units that convert to shares upon vesting rather than open-market holdings.