The estimated Net Worth of Cory T Newsom is at least $10.2 millió dollars as of 29 December 2023. Mr. Newsom owns over 9,000 units of South Plains Inc stock worth over $8,853,829 and over the last 6 years he sold SPFI stock worth over $0. In addition, he makes $1,384,790 as President és Director at South Plains Inc.
Cory has made over 8 trades of the South Plains Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 9,000 units of SPFI stock worth $92,970 on 29 December 2023.
The largest trade he's ever made was exercising 9,000 units of South Plains Inc stock on 29 December 2023 worth over $92,970. On average, Cory trades about 3,927 units every 121 days since 2019. As of 29 December 2023 he still owns at least 273,182 units of South Plains Inc stock.
You can see the complete history of Mr. Newsom stock trades at the bottom of the page.
Cory T. Newsom serves as President, Director of the Company. Mr. Newsom was named President of the Company in 2019 and has served on the board of directors of the Company since 2008. From 2004 to 2019, he served in various roles at the Company, including Chief Operating Officer, Senior Vice President, and Executive Vice President. Mr. Newsom also served as Chief Operating Officer of the Bank from 1993 to 2007 before being named as President and Chief Executive Officer of the Bank in 2008, positions he continues to hold. He has also served on the board of directors of the Bank since 2002. Mr. Newsom began his 37-year career in banking by progressing through the retail and operations areas. He currently serves on the board of directors of IBAT, Lubbock Children’s Home Foundation, Texas Boys Ranch Foundation, and the University Medical Center Foundation and has previously served on the Board of Managers of University Medical Center in Lubbock. Mr. Newsom earned a Bachelor of Business degree in management from Texas Tech University in 1989 and holds licenses as a managing general agent and general lines agent with the Texas Department of Insurance. His many years of banking experience, and his long-standing business and banking relationships in our markets, qualify him to serve on our board.
As the President és Director of South Plains Inc, the total compensation of Cory Newsom at South Plains Inc is $1,384,790. There are no executives at South Plains Inc getting paid more.
Cory Newsom is 52, he's been the President és Director of South Plains Inc since 2019. There are 8 older and 5 younger executives at South Plains Inc. The oldest executive at South Plains Financial Inc is Curtis C. Griffith, 68, who is the Chairman & CEO.
Cory's mailing address filed with the SEC is 5219 CITY BANK PARKWAY, , LUBBOCK, TX, 79407-3544.
Over the last 6 years, insiders at South Plains Inc have traded over $26,575,922 worth of South Plains Inc stock and bought 314,512 units worth $7,877,765 . The most active insiders traders include Richard D Campbell, Curtis C Griffith és Noe G Valles. On average, South Plains Inc executives and independent directors trade stock every 29 days with the average trade being worth of $821,464. The most recent stock trade was executed by Noe G Valles on 15 August 2024, trading 50,000 units of SPFI stock currently worth $1,500,000.
South Plains Inc executives and other stock owners filed with the SEC include: