Prosperity Bancshares (PB) Vice Chairman files Form 3 showing no common stock
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
PROSPERITY BANCSHARES INC director and Vice Chairman Robert R. Franklin Jr. filed an initial Form 3 reporting his holdings in the company’s common stock. The filing shows a holding entry for common stock with total shares owned following the reported position of 0.0000, indicating no directly owned common shares as of the reported date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Franklin Robert R Jr
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Common stock held: 0.0000 shares
1 metrics
Common stock held
0.0000 shares
Total shares following reported position on Form 3
Key Terms
Form 3, Common Stock, beneficial ownership
3 terms
Form 3 regulatory
"filed an initial Form 3 reporting his holdings"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"holding entry for common stock with total shares owned"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Robert R. Franklin Jr.'s Form 3 for PB report?
The Form 3 reports that Vice Chairman and director Robert R. Franklin Jr. currently holds 0.0000 shares of Prosperity Bancshares common stock directly, serving as his initial ownership disclosure with the SEC.
Is the PB Form 3 a buy or sell transaction filing?
No, this PB Form 3 is an initial ownership statement, not a buy or sell report. It lists Robert R. Franklin Jr.’s reported holdings, which are 0.0000 common shares following the reported position.
What security is disclosed in this PB Form 3 filing?
The filing discloses holdings in Prosperity Bancshares’ common stock. It records a holding entry for this security with total shares following the reported position shown as 0.0000 under direct ownership.
Does the PB Form 3 show any derivative securities for the insider?
No, the Form 3 derivative section is empty for this insider. The filing lists only a common stock holding entry and shows 0.0000 shares following the reported position, with no derivative positions reported.