HOLMES NED S 4
Research Summary
AI-generated summary
Prosperity Bancshares (PB) Director Ned S. Holmes Sells 1,100 Shares
What Happened
- Ned S. Holmes, a director of Prosperity Bancshares, sold a total of 1,100 shares in open-market transactions on February 18, 2026. The disposals were: 500 shares at a weighted-average ~$73.62 ($36,810), 500 shares at ~$73.60 ($36,800), 5 shares at ~$72.61 ($363) and 95 shares at ~$73.60 ($6,992), for combined proceeds of approximately $80,965. These were sales (not purchases), which are often routine liquidity events rather than affirmative bullish signals.
Key Details
- Transaction date: 2026-02-18 (all sales executed that day).
- Reported share counts and proceeds: 500 @ $73.62 ($36,810); 500 @ $73.60 ($36,800); 5 @ $72.61 ($363); 95 @ $73.60 ($6,992). Total ≈ $80,965.
- Prices reported are weighted averages; footnotes state the shares were sold in multiple trades at prices ranging roughly from $73.00 to $73.96 and, for one grouping, $73.42 to $73.74. The reporting person offers to provide a full breakdown of the number of shares sold at each price on request.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: Reported on Feb 18, 2026 (same day as the transactions in this report), so the filing appears timely. No 10b5-1 plan, tax withholding, or gift designation was indicated in the provided information.
Context
- These were open-market sales (code S). Sales by directors can reflect routine portfolio management or liquidity needs; they do not, by themselves, indicate company outlook. Purchases generally carry more weight as a positive signal. If you want the exact trade-by-trade price breakdown, the filer has offered to provide that information upon request.