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

What Happened Ned S. Holmes, a director of Prosperity Bancshares, sold a total of 1,100 shares of PB common stock in open-market transactions on September 30, 2026. The filing breaks the sales into five blocks: 48 shares @ $66.02 ($3,169), 452 shares @ $66.67 ($30,135), 79 shares @ $66.10 ($5,222), 421 shares @ $66.66 ($28,064), and 100 shares @ $66.50 ($6,650), for aggregate proceeds of about $73,240. These were disposals (sales), not purchases.

Key Details

• Transaction date: 2026-09-30; Form 4 filed: 2026-10-01 (appears timely).
• Transaction type: Open-market sales (Code S).
• Reported prices: the filing uses weighted-average prices; footnotes state sales were executed at multiple prices within the following ranges:
  • Footnote F2: $66.02–$66.23
  • Footnote F1: $66.28–$67.25
  • Footnote F3: $66.25–$67.25 The filer offers to provide a full breakdown of shares sold at each individual price on request.
• Shares owned after transaction: not specified in the provided excerpt of the filing — see the full Form 4 for total holdings.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation was included in the supplied details.

Context These are ordinary open-market sales by a company director. Sales are commonly for liquidity or portfolio reasons and do not, by themselves, indicate management’s view of the company’s prospects. Purchases generally carry more weight as a bullish signal; this filing documents routine insider selling.