4Filed Aug 25, 8:00 PM ET
Prosperity Bancshares (PB) Director Ned Holmes Sells Shares
$PB · PROSPERITY BANCSHARES INCResearch Summary
AI-generated summary of this SEC filing
Prosperity Bancshares (PB) Director Ned Holmes Sells Shares
What Happened
Ned S. Holmes, a director of Prosperity Bancshares, sold a total of 1,100 shares in open-market transactions on August 26, 2026, disposing of 500, 500, 5 and 95 shares. The filing reports proceeds of $36,595, $36,594, $361 and $6,955 respectively — about $80,505 in total. All transactions are sales (code S), which are routine dispositions rather than purchases.
Key Details
- Transaction date: 2026-08-26 (reported same day; filing date 2026-08-26). Filing appears timely.
- Reported per-share figures are weighted averages; the filing notes the trades occurred across multiple executions. Reported price points: $73.19 (two 500-share entries), $72.26 (5 shares), and $73.22 (95 shares).
- Footnotes indicate the full trade price ranges across executions: $72.76–$73.41, $72.76–$73.345, and $73.045–$73.41. The reporting person offers to provide a breakdown of shares sold at each price on request.
- Shares owned after the transactions are not specified in the provided summary of the filing.
- No 10b5-1 plan, option exercise, tax-withholding, or gift noted in the provided items — these were straight open-market sales.
Context
Sales by directors are common and can reflect routine portfolio management, tax needs, or other personal reasons; they are not by themselves a clear signal of company outlook. This filing documents open-market disposals only; it does not show any purchases, awards, or option exercises for Holmes.