{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-009525","form_type":"8-K","ticker":"SPFI","cik":"0001163668","company_name":"SOUTH PLAINS FINANCIAL, INC.","filed_at":"2024-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.538622+00:00","generated_at":"2026-06-05T14:37:04.984727+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 $10M stock repurchase program through Feb 2025","bullets":["Board approved repurchase of up to $10.0 million of common stock.","Program expires February 21, 2025, subject to earlier termination or full use.","CEO Griffith says shares trade below intrinsic value; buyback is most compelling use of capital.","Repurchases may occur via open market or private transactions under Rule 10b-18 and 10b5-1 plans.","Company retains discretion to begin, suspend, or end repurchases at any time without prior notice."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-009525","json":"https://secwatch.observer/filing/0001140361-24-009525.json","markdown":"https://secwatch.observer/filing/0001140361-24-009525.md","text":"https://secwatch.observer/filing/0001140361-24-009525.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163668/000114036124009525/0001140361-24-009525-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163668/000114036124009525/ef20022460_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T14:37:04.984727+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"}