---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-005867"
form_type: "8-K"
ticker: "SPFI"
cik: "0001163668"
company_name: "SOUTH PLAINS FINANCIAL, INC."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:25:49.897139+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# South Plains Financial announces $15M stock repurchase program expiring Feb 2026

## Summary
- Board approved repurchase of up to $15.0M of common stock (NASDAQ: SPFI).
- Program runs through February 21, 2026, subject to earlier depletion or termination.
- Repurchases may be made via open market or private transactions, including under Rule 10b5-1 plans.
- Company may suspend or terminate at any time; no obligation to repurchase specific shares.

## SEC filing metadata
- accession: 0001140361-25-005867
- form_type: 8-K
- ticker: SPFI
- cik: 0001163668
- company_name: SOUTH PLAINS FINANCIAL, INC.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163668/000114036125005867/0001140361-25-005867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163668/000114036125005867/ef20044344_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-005867
- JSON: https://secwatch.observer/filing/0001140361-25-005867.json
- Plain text: https://secwatch.observer/filing/0001140361-25-005867.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.