HOLMES NED S 4
Research Summary
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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/private sales on June 24, 2026. The filing reports three dispositions: 500 shares at a weighted avg. $72.73 ($36,363), 500 shares at a weighted avg. $72.72 ($36,360), and 100 shares at a weighted avg. $72.74 ($7,274), for combined proceeds of approximately $79,997. These were sales (S) — routine dispositions rather than purchases.
Key Details
- Transaction date: 2026-06-24 (filed same day).
- Reported trade lines/prices: 500 @ $72.73; 500 @ $72.72; 100 @ $72.74 (weighted average prices).
- Total shares sold: 1,100; total proceeds: ~$79,997.
- Shares owned after the transaction: Not disclosed in this Form 4.
- Footnotes: Reported prices are weighted averages; actual execution prices ranged roughly from $72.48 to $73.11 across the trades. The reporting person offers to provide a full breakdown of the number of shares sold at each separate price upon request.
- Transaction code: S = Sale. No 10b5‑1 plan, option exercise, gift, or tax-withholding language is indicated in this filing.
- Filing timeliness: Reported the same day as the transactions (appears timely).
Context Sales by directors can be routine (diversification, liquidity, tax planning) and do not by themselves indicate a change in company outlook. This filing simply documents the stock dispositions; no additional explanatory plan (e.g., 10b5‑1) is noted in the Form 4.