secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH PLAINS FINANCIAL, INC. (SPFI)
CIK:        0001163668
Form:       8-K
Filed at:   2026-06-17T20:45:39+00:00
Accession:  0001140361-26-025604
Event type: leadership
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

South Plains Financial CEO Curtis Griffith to retire Dec 31, 2026; Cory Newsom appointed successor
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- Curtis Griffith retiring as CEO effective Dec 31, 2026, will continue as Chairman of the Board and remain a director.
- Cory Newsom, current President and director, appointed CEO effective upon Griffith's retirement.
- Company will repurchase 300,000 shares from Griffith in a private transaction at closing market price by June 30, 2026.
- Board Representation Agreement with Henry TAW LP terminated after its ownership fell below 10%.
- Richard Campbell to continue as director and Lead Independent Director despite termination of the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163668/000114036126025604/0001140361-26-025604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163668/000114036126025604/ef20076372_form8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-025604

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