4Filed Jul 29, 8:00 PM ET
Prosperity Bancshares (PB) Director Ned S. Holmes Sells 1,100 Shares
$PB · PROSPERITY BANCSHARES INCResearch Summary
AI-generated summary of this SEC filing
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 of PB stock in multiple open-market transactions on July 29, 2026. The Form 4 lists six reported disposals: 1 @ $72.90, 499 @ $74.26, 1 @ $72.90, 499 @ $74.27, 5 @ $72.84 and 95 @ $74.31, for reported line-item proceeds that total roughly $81,685. These were sales (transaction code S), so this is a disposition of shares rather than a purchase or award.
Key Details
- Transaction date: July 29, 2026 (reported on Form 4 filed July 30, 2026).
- Total shares sold: 1,100 shares; approximate aggregate proceeds: $81,685.
- Reported per-line prices: $72.84, $72.90, $74.26, $74.27, $74.31 (see filing for exact breakdown by line).
- Footnotes: The filing includes footnotes stating the prices reported are weighted averages and that the shares were sold in multiple transactions at prices reported to range roughly between ~$73.80 and $74.745 (other footnotes cite ranges like $73.885–$74.745). The reporting person offers to provide detailed per-price counts on request.
- Shares owned after the transaction: Not disclosed in the provided filing excerpt.
- Timeliness: Filed the next day (July 30, 2026) — appears timely.
- No 10b5-1 plan, option exercise, award, tax-withholding or gift noted in the provided transaction lines.
Context
- These are open-market sales by a company director. Sales can be routine (cash needs, diversification, pre-set plans) and do not by themselves indicate company prospects; purchases are generally considered more informative about insider confidence.
- The filing’s footnotes emphasize weighted-average pricing and multiple executions; if you need the exact number of shares sold at each distinct price, the filer has offered to provide that detail upon request.