Bassano Keith 4

What Happened Keith Bassano, CFO and Treasurer of Southland Holdings, was granted 20,662 shares on 2026-04-07. The Form 4 reports the acquisition as an award/grant (transaction code A) at a reported price of $0.00, meaning the shares were issued as compensation rather than purchased for cash. The filing shows the value reported for the transaction as $0.00 (per-share price $0.00 × 20,662 shares).

Key Details

• Transaction date: 2026-04-07; Filing date: 2026-04-09 (Form 4).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 20,662; reported price per share: $0.00; reported cash value: $0.00.
• Shares owned after transaction: not specified in the summary information provided in this request (check the full Form 4 for post-transaction holdings).
• No sale, purchase, or option exercise reported in this transaction; no footnotes or 10b5-1 plan indicated in the data provided.
• Filing appears to have been submitted two days after the transaction date (within the typical two-business-day reporting window).

Context An award-grant like this is typically compensation (restricted shares, RSUs, or similar) and does not necessarily reflect a direct buy/sell decision by the insider. Such grants may be subject to vesting and/or tax withholding and often appear regularly in executive compensation. Retail investors should view this as management compensation activity rather than a clear bullish or bearish trading signal. Check future filings for vesting-related sales or tax-withholding entries that can follow awards.