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[144] Prosperity Bancshares Inc SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Prosperity Bancshares, Inc. (PB) Form 144 notifies a proposed sale of 15,400 common shares through UBS Financial Services on the NYSE with an aggregate market value of $1,064,294. The shares were originally acquired as restricted stock on 09/06/2001 (7,000), 05/22/2001 (7,000) and 12/17/2002 (1,400), matching the 15,400 shares offered for sale. The filing also discloses frequent open-market dispositions by the reporting parties during the prior three months: recurring weekly sales from 05/28/2025 through 08/20/2025 that total 14,300 shares across the filer and related entities. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

  • Full disclosure of acquisition history showing restricted-stock origins and dates for all 15,400 shares
  • Sales executed through a registered broker (UBS Financial Services) on the NYSE, indicating orderly market transactions
  • Consistent historical sales totaling 14,300 shares in the past three months, providing transparency into the seller's recent activity

Negative

  • Insider selling activity of 15,400 shares valued at $1,064,294 may be viewed negatively by some investors as liquidation of holdings

Insights

TL;DR: Insider plans to sell 15,400 restricted shares; recent pattern shows steady monetization of holdings.

The Form 144 indicates an insider sale of 15,400 common shares valued at approximately $1.06 million, with the lots derived from long-standing restricted stock grants dated 2001 and 2002. The disclosure of 14,300 shares sold in the prior three months demonstrates a consistent pattern of systematic sales by the filer and related accounts. For investors, this is a liquidity event by an insider rather than an operational disclosure by the company; the filing itself does not disclose any change in company performance or corporate actions.

TL;DR: Routine regulatory notice of insider sale; raises governance transparency but shows no material company change.

The filing meets Rule 144 notification requirements and identifies the securities as previously issued restricted stock, which explains the need for a Form 144 when disposing. The repeated small sales reported over several weeks suggest the filer is liquidating holdings over time, likely under Rule 144 or trading plans. There is no indication in this document of any governance issue, related-party transaction, or undisclosed material information.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Prosperity Bancshares (PB) Form 144 disclose?

The filing announces a proposed sale of 15,400 common shares through UBS on the NYSE with an aggregate market value of $1,064,294 and shows the shares were originally restricted stock acquired in 2001 and 2002.

Who is selling the shares in this Form 144 for PB?

The filer and related accounts (including Ned S Holmes and affiliated trust/plan accounts) are identified in the past-sales table as the selling parties.

How many shares were sold by the filer and related accounts in the past three months?

A total of 14,300 shares were reported sold from 05/28/2025 through 08/20/2025 across recurring weekly transactions.

What is the origin of the 15,400 shares being offered?

All 15,400 shares were acquired as restricted stock from the issuer on 09/06/2001 (7,000), 05/22/2001 (7,000) and 12/17/2002 (1,400).

When is the approximate date of the proposed sale?

The approximate sale date listed is 08/27/2025 and the exchange named is the NYSE.
Prosperity Bancshares Inc

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