[Form 4] Prosperity Bancshares Inc Insider Trading Activity
Rhea-AI Filing Summary
Ned S. Holmes, a director of Prosperity Bancshares Inc. (PB), reported three open-market sales totaling 1,100 common shares on 08/13/2025 with weighted-average prices of $67.8771, $67.9165 and $67.906 respectively. After these transactions the filing shows Mr. Holmes directly beneficially owns 95,415 shares and reports multiple indirect holdings: 112,693 shares via a profit sharing plan, 44,500 shares as trustee of an SSH trust for an adult daughter, 2,000 shares held by a spouse, 8,820 shares as trustee for a grandchildren's trust, 3,720 shares by another trust and 70,070 shares held by a limited partnership. Footnotes state the reported prices are weighted averages and provide the price ranges for the underlying multiple trades.
Positive
- Transparent disclosure of weighted-average prices with footnotes and an explicit offer to provide per-trade price breakdowns upon request
- Detailed reporting of both direct (95,415 shares) and multiple indirect holdings (112,693; 44,500; 2,000; 8,820; 3,720; 70,070), improving clarity on economic interests
Negative
- Insider sales reported: three dispositions totaling 1,100 shares (500, 500, 100) on 08/13/2025 at reported weighted-average prices
- Potential perception risk: Director sold shares, which some investors may interpret negatively even though the filing contains full disclosure
Insights
TL;DR: Director Ned S. Holmes sold 1,100 PB shares in multiple transactions; holdings remain disclosed across direct and several indirect vehicles.
The Form 4 documents three sales totaling 1,100 shares executed the same day with specific weighted-average prices recorded for each sale line. The filing separates direct ownership (95,415 shares) from several indirect positions, including a 112,693-share profit sharing plan and multiple trusts and partnerships. Footnotes clarify the weighted-average prices reflect multiple executions and provide price ranges. From a trading-data perspective this is a routine insider sale with complete transaction-level disclosure and an offer to provide per-price allocation on request.
TL;DR: Disclosure appears compliant and granular; filer offers to supply detailed per-trade pricing information on request.
The filing is signed by an attorney-in-fact and includes explicit footnotes noting that reported prices are weighted averages and that the reporting person will provide full breakdowns of shares sold at each separate price upon request. The report also lists multiple forms of indirect beneficial ownership (profit sharing plan, trusts, limited partnership), which improves transparency about potential conflicts and economic interests. The transaction details and follow-up commitment support strong disclosure practice.