X0306 4/A 2022-01-19 2022-01-19 0 0001163668 SOUTH PLAINS FINANCIAL, INC. SPFI 0001775199 Newsom Cory T 5219 CITY BANK PARKWAY LUBBOCK TX 79407-3544 1 1 0 0 President Common Stock 2022-01-19 4 A 0 8486 0 A 177447 D Common Stock 750 I By Child Common Stock 81254 I By ESOP Common Stock 152 I By 401(k) Stock Options (Right to Buy) 29.46 2022-01-19 4 A 0 21012 0 A 2032-01-19 Common Stock 21012 21012 D The shares reported include restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions. Shares held for the benefit of the Reporting Person's child. Shares held by the South Plains Financial, Inc. Employee Stock Ownership Plan ("ESOP") and allocated to the Reporting Person's account. Shares held in the Reporting Person's account under the City Bank 401(k) Plan. 25% of the stock options vest on the first anniversary of January 1, 2022; thereafter, the remaining vest pro rata on a monthly basis over the next 36 months. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the Reporting Person's disability, (ii) the Reporting Person's death, and (iii) immediately prior to a change in control of the Issuer. The purpose of this amendment is solely to correct a typographical error relating to the stock option expiration date disclosed in Table II, Item 6 (Expiration Date) of the Reporting Person's Form 4 filed on January 21, 2022, which incorrectly stated a stock option expiration date of 01/19/2022. This corrected Form 4 reflects the correct stock option expiration date of 01/19/2032 in Table II, Item 6 (Expiration Date). /s/ By Mikella D. Newsom as Attorney-in-Fact for Cory T. Newsom 2022-01-21