secwatch.observer — SEC 8-K summary
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Issuer:     Southland Holdings, Inc. (SLND)
CIK:        0001883814
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001829126-24-004535
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Southland Holdings approves new equity awards for NEOs
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- Board approved market adjustments to base compensation for NEOs after independent third-party consultation.
- Frank Renda receives $750k each in RSUs (166,298 units) and PSUs (166,298 target units); same structure for others.
- Tim Winn: $212,500 each in RSUs (47,118) and PSUs (47,118); Rudy Renda same; Cody Gallarda $200k each (44,346).
- RSUs vest ratably over 3 years; PSUs vest 0-150% based on Adjusted EBITDA over 2024-2026 performance period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883814/000182912624004535/0001829126-24-004535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883814/000182912624004535/southlandhold_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-004535

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer