{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-023251","form_type":"8-K","ticker":"SPFI","cik":"0001163668","company_name":"SOUTH PLAINS FINANCIAL, INC.","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.094272+00:00","generated_at":"2026-06-15T15:55:57.174080+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"South Plains Financial announces $15M stock repurchase program through May 2024","bullets":["Board authorized up to $15.0M in common stock repurchases; program expires May 5, 2024.","CEO cites shares trading 'meaningfully below intrinsic value' and strong fundamentals.","Repurchases funded partly from Windmark sale proceeds; 83% of deposits are insured.","Repurchases may occur via open market or Rule 10b5-1 plans; no obligation to buy any set amount."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-023251","json":"https://secwatch.observer/filing/0001140361-23-023251.json","markdown":"https://secwatch.observer/filing/0001140361-23-023251.md","text":"https://secwatch.observer/filing/0001140361-23-023251.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163668/000114036123023251/0001140361-23-023251-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163668/000114036123023251/brhc20052582_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T15:55:57.174080+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}