HOLMES NED S 4
Research Summary
AI-generated summary
Prosperity Bancshares (PB) Director Ned Holmes Sells 1,100 Shares
What Happened Ned S. Holmes, a director of Prosperity Bancshares, sold a total of 1,100 shares in multiple open-market transactions on June 17, 2026, for aggregate proceeds of approximately $78,833. The disposed lots reported in the filing were: 43 shares @ $70.98 ($3,052); 457 shares @ $71.74 ($32,786); 44 shares @ $70.98 ($3,123); 456 shares @ $71.73 ($32,711); 10 shares @ $70.94 ($709); and 90 shares @ $71.69 ($6,452). These were sales (dispositions), not purchases.
Key Details
- Transaction date: June 17, 2026 (Form 4 filed June 18, 2026 — timely filing).
- Reported lots and proceeds: 43 @ $70.98 ($3,052); 457 @ $71.74 ($32,786); 44 @ $70.98 ($3,123); 456 @ $71.73 ($32,711); 10 @ $70.94 ($709); 90 @ $71.69 ($6,452). Total ~1,100 shares for ~$78,833.
- Footnotes: Prices are weighted averages and the sales were executed in multiple transactions. Reported price ranges across the trades run roughly $70.89–$72.16 per share (see filing footnotes for specific ranges).
- Shares owned after transaction: Not stated in the Form 4 filing.
- No 10b5-1 plan, option exercise, gift, or tax-withholding flag is disclosed in the filing.
Context
- These were routine open-market sales by a company director. Sales do not necessarily signal negative company-specific news; purchases are generally more informative about insider conviction.
- For retail investors, note this was a modest insider sale (about $79k total) and the filing appears timely (filed the day after the trades).