FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Griffith Curtis C
2. Issuer Name and Ticker or Trading Symbol

SOUTH PLAINS FINANCIAL, INC. [ SPFI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman & CEO
(Last)          (First)          (Middle)

5219 CITY BANK PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

5/22/2020
(Street)

LUBBOCK, TX 79407-3544
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/22/2020  P  1500 A$12.9647 (1)2384021 D  
Common Stock 5/26/2020  P  1500 A$13.11 2385521 D  
Common Stock         94891.51 I By ESOP (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Represents the volume-weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.894 to $13.00. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares purchased at each separate price.
(2) Shares held by the ESOP and allocated to the Reporting Person's account. Reflects ESOP allocations that have occurred since the date of the Reporting Person's last ownership report.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Griffith Curtis C
5219 CITY BANK PARKWAY
LUBBOCK, TX 79407-3544
XXChairman & CEO

Signatures
/s/ By Mikella D. Newsom as Attorney-in-Fact for Curtis C Griffith5/27/2020
**Signature of Reporting PersonDate

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