---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-006370"
form_type: "8-K"
ticker: "SPFI"
cik: "0001163668"
company_name: "SOUTH PLAINS FINANCIAL, INC."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:05:00.387530+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# South Plains Financial Announces $10 Million Stock Repurchase Program

## Summary
- Board approved a new stock repurchase program for up to $10.0 million of common stock on February 18, 2026.
- Program will conclude on February 23, 2027, unless extended or terminated earlier by the Board.
- Repurchases may occur through open market purchases or privately negotiated transactions.
- Company may suspend or terminate repurchases at any time without prior notice.

## SEC filing metadata
- accession: 0001140361-26-006370
- form_type: 8-K
- ticker: SPFI
- cik: 0001163668
- company_name: SOUTH PLAINS FINANCIAL, INC.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163668/000114036126006370/0001140361-26-006370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163668/000114036126006370/ef20066268_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-006370
- JSON: https://secwatch.observer/filing/0001140361-26-006370.json
- Plain text: https://secwatch.observer/filing/0001140361-26-006370.txt

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