HOLMES NED S 4

What Happened
Ned S. Holmes, a director of Prosperity Bancshares Inc. (PB), sold a total of 1,100 shares in open-market transactions on March 25, 2026. The filings show three dispositions: 500 shares at a weighted average price of $66.25, another 500 shares at a weighted average $66.25, and 100 shares at a weighted average $66.18, for aggregate proceeds of roughly $72,868. This was a sale (not a purchase or award) and is typically treated as a routine insider sale.

Key Details

• Transaction date: 2026-03-25 (all sales). Transaction code: S (sale).
• Shares and reported weighted-average prices: 500 @ $66.25; 500 @ $66.25; 100 @ $66.18. Total proceeds ≈ $72,868.
• Footnotes: each price is a weighted average across multiple trades. Reported price ranges include: $65.99–$66.83, $65.815–$66.83, and $65.835–$66.51. The reporting person will provide a breakdown of the number of shares sold at each price on request.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed on 2026-03-25 (same date as the report period), indicating a timely filing.

Context

• Sales by directors can be routine (diversification, tax/timing needs) and do not necessarily signal a change in company outlook; purchases are typically more indicative of bullish insider sentiment.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation is indicated in the provided excerpt.