Richard D Campbell, a director of South Plains Financial, Inc. ($SPFI), sold 27,286 shares of common stock on August 4, 2026, at $45.14 per share, for a total of $1,231,690. The transaction, disclosed in a Form 4 filing with the Securities and Exchange Commission on August 5, was an open-market sale. After the sale, Campbell held 1,384,969 shares.
The August 4 sale was the second trade Campbell executed in as many days. On August 3, he sold 132,714 shares at $44.75 each, generating $5,938,952. Together, the two August transactions totaled 160,000 shares sold for $7,170,641. Both were reported in a single Form 4 filing on August 5, one day after the second trade and two days after the first. The combined dollar volume of the two August sales exceeded the $2.40 million from his September 2025 divestitures by a wide margin.
Campbell has sold $SPFI shares on multiple occasions over the past year. In September 2025, he executed two open-market sales: 44,417 shares at $40.21 on September 11 and 15,583 shares at $39.62 on September 12, for a combined total of $2,403,406. Those transactions were filed together on September 15, 2025. Across the four trades dating back to September 2025, Campbell sold a combined 220,000 shares for approximately $9.57 million. His post-sale holdings of 1.38 million shares continued to represent a large equity stake in the company.
Campbell was not the only director to reduce a position in $SPFI during this period. James D. Stein, also a director of the company, sold 100,000 shares on July 28, 2026, across two transactions — 70,000 shares at $44.36 and 30,000 shares at $44.97 — for a combined total of $4,454,300. Those trades were reported in a Form 4 filed on July 30. Earlier, in May 2026, Stein executed four open-market sales totaling 30,000 shares across May 8, May 11, May 18, and May 19, at prices ranging from $40.01 to $40.38 per share. Following his July 28 sales, Stein held 242,872 shares, down from 372,872 at the beginning of May.
$SPFI shares closed at $45.50 on August 4, the day of Campbell's second transaction, and at $44.59 on August 3. The stock had traded in the low $40s in early July, closing at $41.48 on July 8, before rising into the mid-$40s in the latter half of the month. On July 17, the stock reached a closing high of $45.96 during the period observed. Daily trading volume on August 3 was elevated at approximately 328,000 shares, compared to roughly 152,000 on August 4.
South Plains Financial, Inc. is a bank holding company in the Banking sector. No congressional trades in $SPFI were identified in STOCK Act disclosures.