4Accepted Sep 18, 11:40 AM ET
Prosperity Bancshares (PB) Director Ned S. Holmes Sells Shares
Accepted (ET)
11:40 AM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
15.6 KB
Summary
Prosperity Bancshares (PB) Director Ned S. 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 September 16, 2026, generating proceeds of about $78,030. The filing lists six disposal entries:
- 28 shares @ $69.89 = $1,957
- 472 shares @ $71.01 = $33,518
- 45 shares @ $69.89 = $3,145
- 455 shares @ $71.03 = $32,317
- 8 shares @ $69.89 = $559
- 92 shares @ $71.03 = $6,534
These were sales (S code), not purchases — typically routine liquidity or portfolio management rather than a bullish signal.
Key Details
- Transaction date: September 16, 2026; Form 4 filed September 18, 2026 (filed within the usual 2‑business‑day reporting window).
- Reported proceeds: approximately $78,030 total for 1,100 shares. Implied overall average ≈ $70.94 per share.
- Shares owned after transaction: not specified in the information provided on this filing.
- Footnotes: the prices shown are weighted averages. The filing notes the shares were sold in multiple executions at prices ranging roughly from $70.545 to $71.22 (and for some lots $70.875 to $71.185); the reporting person offered to provide a breakdown of number of shares sold at each separate price on request.
- Transaction type: open-market sales (no exercise, award, gift, or tax-withholding code indicated).
Context
- Sales by directors are common for liquidity or diversification and do not by themselves indicate company performance; purchases generally carry more weight for interpreting insider sentiment.
- The filing’s footnotes clarify that the listed prices are weighted averages across multiple trades; if you need the exact per-trade prices, the filer has offered to provide that detail upon request.