{"filing":{"accession_number":"0001140361-26-025604","cik":"0001163668","ticker":"SPFI","company_name":"SOUTH PLAINS FINANCIAL, INC.","form":"8-K","filing_date":"2026-06-17","report_date":null,"primary_document":"ef20076372_form8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1163668/000114036126025604/ef20076372_form8k.htm"},"events":[{"id":11617,"run_id":10204,"accession_number":"0001140361-26-025604","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.75,"summary":"Cory T. Newsom was appointed as Chief Executive Officer effective upon the retirement of Curtis C. Griffith on December 31, 2026. Newsom, an internal candidate with deep institutional knowledge as President since 2019 and board member since 2008, will assume leadership while Griffith remains as Chairman.","company_name":"SOUTH PLAINS FINANCIAL, INC.","ticker":"SPFI","filing_date":"2026-06-17","submitted_at":null,"items":[{"id":8260,"accession_number":"0001140361-26-025604","item_number":"5.02","item_title":null,"event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The filing discloses both the departure of Curtis C. Griffith as CEO (effective December 31, 2026) and the appointment of Cory T. Newsom as CEO (effective upon Griffith's retirement). While both events are material, the appointment of Newsom is the principal forward-looking action—he is an internal candidate with deep institutional knowledge (President since 2019, board member since 2008, banking career since 1984) who will assume leadership. The departure is orderly and non-contentious, with Griffith remaining as Chairman. The appointment is the more salient event for investors assessing future leadership continuity.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:47:13.468558+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":11618,"run_id":10204,"accession_number":"0001140361-26-025604","anchor_item_number":"1.02","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"summary":"South Plains Financial terminated a Board Representation Agreement with Henry TAW LP, a shareholder that originally owned approximately 16% and now owns less than 10% of outstanding shares. The termination reflects the Company's maturation as a public entity and shift toward a broader shareholder base.","company_name":"SOUTH PLAINS FINANCIAL, INC.","ticker":"SPFI","filing_date":"2026-06-17","submitted_at":null,"items":[{"id":8259,"accession_number":"0001140361-26-025604","item_number":"1.02","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The Company terminated a Board Representation Agreement with Henry TAW LP, a shareholder that originally owned ~16% and now owns \u003c10% of outstanding shares. While this is a termination of a material definitive agreement (Item 1.02), it does not fit cleanly into M\u0026A activity, covenant breach, or other specific event types. The termination reflects the Company's maturation as a public entity and shift toward broader shareholder base, which is material to governance structure but is primarily a corporate governance transition rather than a discrete financial or operational event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:47:13.468558+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":11619,"run_id":10204,"accession_number":"0001140361-26-025604","anchor_item_number":"8.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"summary":"South Plains Financial entered into a stock repurchase agreement with retiring CEO Curtis C. Griffith to repurchase 300,000 shares at fair market value, approved by the board with Griffith recused. The repurchase is a related-party transaction tied to his retirement.","company_name":"SOUTH PLAINS FINANCIAL, INC.","ticker":"SPFI","filing_date":"2026-06-17","submitted_at":null,"items":[{"id":8261,"accession_number":"0001140361-26-025604","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"This Item 8.01 discloses a material stock repurchase agreement between South Plains Financial and retiring CEO Curtis C. Griffith for 300,000 shares at fair market value, approved by the board with Griffith recused. While the repurchase itself is a related-party transaction tied to his retirement (Item 5.02), the Item 8.01 disclosure focuses on the stock repurchase mechanics rather than the executive departure itself, making it a distinct material event that does not fit cleanly into exec_departure, exec_compensation, or ma_activity categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:47:13.468558+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":8259,"accession_number":"0001140361-26-025604","item_number":"1.02","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The Company terminated a Board Representation Agreement with Henry TAW LP, a shareholder that originally owned ~16% and now owns \u003c10% of outstanding shares. While this is a termination of a material definitive agreement (Item 1.02), it does not fit cleanly into M\u0026A activity, covenant breach, or other specific event types. The termination reflects the Company's maturation as a public entity and shift toward broader shareholder base, which is material to governance structure but is primarily a corporate governance transition rather than a discrete financial or operational event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:47:13.468558+00:00","company_name":"SOUTH PLAINS FINANCIAL, INC.","ticker":"SPFI","filing_date":"2026-06-17"},{"id":8260,"accession_number":"0001140361-26-025604","item_number":"5.02","item_title":null,"event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The filing discloses both the departure of Curtis C. Griffith as CEO (effective December 31, 2026) and the appointment of Cory T. Newsom as CEO (effective upon Griffith's retirement). While both events are material, the appointment of Newsom is the principal forward-looking action—he is an internal candidate with deep institutional knowledge (President since 2019, board member since 2008, banking career since 1984) who will assume leadership. The departure is orderly and non-contentious, with Griffith remaining as Chairman. The appointment is the more salient event for investors assessing future leadership continuity.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:47:13.468558+00:00","company_name":"SOUTH PLAINS FINANCIAL, INC.","ticker":"SPFI","filing_date":"2026-06-17"},{"id":8261,"accession_number":"0001140361-26-025604","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"This Item 8.01 discloses a material stock repurchase agreement between South Plains Financial and retiring CEO Curtis C. Griffith for 300,000 shares at fair market value, approved by the board with Griffith recused. While the repurchase itself is a related-party transaction tied to his retirement (Item 5.02), the Item 8.01 disclosure focuses on the stock repurchase mechanics rather than the executive departure itself, making it a distinct material event that does not fit cleanly into exec_departure, exec_compensation, or ma_activity categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:47:13.468558+00:00","company_name":"SOUTH PLAINS FINANCIAL, INC.","ticker":"SPFI","filing_date":"2026-06-17"}]}