HOLMES NED S 4
Research Summary
AI-generated summary
Prosperity Bancshares (PB) Director Ned S. Holmes Sells Shares
What Happened
- Ned S. Holmes, a director of Prosperity Bancshares, sold a total of 1,100 shares in open-market transactions on February 4, 2026. The reported disposals were: 169 @ $72.00 ($12,168), 331 @ $72.96 ($24,150), 177 @ $72.00 ($12,744), 323 @ $72.96 ($23,565), 5 @ $70.92 ($355), 55 @ $72.44 ($3,984), and 40 @ $73.13 ($2,925). The combined proceeds reported equal $79,891. These were sales (not purchases or option exercises), which are often routine liquidity events.
Key Details
- Transaction date: 2026-02-04; filing date: 2026-02-05 (filed next business day — appears timely).
- Transaction type: Open-market sales (Code S).
- Aggregate shares sold: 1,100; aggregate proceeds: approximately $79,891.
- Reported per-line prices are weighted averages; the filing notes multiple executions across price ranges (overall ranges reported in the filing are approximately $71.59 to $73.24).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- No 10b5-1 plan, tax withholding, late-filing flag, or other special instructions were indicated in the provided data.
Context
- This Form 4 documents ordinary open-market sales by a company director. Such sales provide information on insider activity but do not, by themselves, prove a change in the director’s view of the company. Retail investors typically weigh purchases more heavily as signals of insider conviction.