Southland (SLND) 10% Owner Renda Receives 150,000 RSUs

What Happened

• Renda Rudolph V., a reported 10% owner of Southland Holdings, Inc. (SLND), was granted 150,000 restricted stock units (RSUs) on August 14, 2026. The RSUs have a $0 acquisition price (an award/grant) and are a derivative award that convert to common shares upon vesting. This is an award (not a market purchase or sale).

Key Details

• Transaction date: August 14, 2026; Filing date (Form 4): August 18, 2026 (filed within the two-business-day reporting window).
• Grant size and price: 150,000 RSUs granted at $0.00 (code A — award/grant).
• Vesting: RSUs vest in three equal installments — 1/3 on Aug 14, 2027; 1/3 on Aug 14, 2028; 1/3 on Aug 14, 2029 (each RSU equals one share upon vesting).
• Holdings after transaction: The Form 4 reports the grant but does not disclose total post-transaction beneficial ownership on its face.
• Notable footnotes: The reporting person is sole trustee for several family trusts that hold shares (Trusts A–D). The filer disclaims beneficial ownership for Section 16 purposes except to the extent of any pecuniary interest.

Context

• RSU awards are a non-cash form of compensation; they become actual shares only as they vest and usually do not signal an immediate market buy or sell. As a reported 10% owner, the filing notes trust structures and a limited beneficial ownership disclaimer under Section 16.