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, reported open-market sales on July 8, 2026, disposing of a total of 1,100 shares for aggregate proceeds of approximately $77,642. The sales were executed in multiple trades: 499 shares @ $70.55; 1 share @ $71.74; 499 shares @ $70.60; 1 share @ $71.74; 95 shares @ $70.55; and 5 shares @ $71.76.
Key Details
- Transaction date: July 8, 2026 (Form filed July 9, 2026 — appears timely under Section 16 rules).
- Total sold: 1,100 shares for ~$77,642 in aggregate proceeds.
- Reported prices: individual execution prices ranged roughly between ~$70.30 and ~$71.10 (filing notes the reported column prices are weighted averages across multiple trades; see footnotes for ranges).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: the filing states the prices shown are weighted averages and that the reporting person can provide a breakdown of the number of shares sold at each separate price upon request.
Context
- These were outright open-market sales (code S). Sales by directors are often routine portfolio transactions and do not, by themselves, indicate company performance or insider sentiment. No options exercises, grants, gifts, or tax-withholding events were reported in this filing.