4Filed Aug 18, 8:00 PM ET

Prosperity Bancshares (PB) Director Ned S. Holmes Sells 1,100 Shares

$PB · PROSPERITY BANCSHARES INC

Research Summary

AI-generated summary of this SEC filing

Updated

Prosperity Bancshares (PB) Director Ned S. Holmes Sells 1,100 Shares

What Happened
Ned S. Holmes, a director of Prosperity Bancshares, reported six sales on Aug 19, 2026 totaling 1,100 shares for aggregate proceeds of approximately $81,026. The sales (reported as open‑market/private sales) were: 387 shares at a weighted avg $73.47 ($28,431); 113 shares at $74.25 ($8,391); 365 shares at $73.50 ($26,826); 135 shares at $74.21 ($10,018); 77 shares at $73.41 ($5,653); and 23 shares at $74.20 ($1,707). These were outright sales (S) — a disposal of shares rather than a purchase or option exercise.

Key Details

  • Transaction date: 2026-08-19 (all trades)
  • Prices: reported as weighted averages for each line; underlying trade price ranges reported in footnotes:
    • 387 sh – avg $73.47 (underlying range $72.85–$73.82)
    • 113 sh – avg $74.25 (range $74.14–$74.50)
    • 365 sh – avg $73.50 (range $72.86–$73.85)
    • 135 sh – avg $74.21 (range $73.965–$74.50)
    • 77 sh – avg $73.41 (range $72.85–$73.815)
    • 23 sh – avg $74.20 (range $74.01–$74.535)
  • Total shares sold: 1,100; total proceeds ≈ $81,026.
  • Post‑transaction holdings: not specified in the provided excerpt of the filing.
  • Footnotes: each reported price is a weighted average; the filer offers to provide full breakdown of per‑trade quantities/prices to the company, shareholders, or SEC staff on request.
  • Timeliness: filing and reporting date are the same (Aug 19, 2026); no late filing is indicated in the excerpt.

Context

  • Sales by directors are often routine (portfolio rebalancing, diversification, tax planning) and do not by themselves indicate company performance—retail investors should consider these trades alongside other information.
  • These were straight sales (code S); no option exercises, awards, or gifts were reported in this filing.