Prosperity Bancshares (PB) director Ned Holmes logs 1,100-share stock sale and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prosperity Bancshares director Ned S. Holmes reported several small open-market sales of Common Stock and updated his indirect holdings. On 2026-06-10, entities associated with Holmes sold a total of 1,100 shares at weighted-average prices around $71 per share, through multiple transactions.
After these sales, Holmes holds 75,615 shares directly and continues to hold additional shares indirectly, including 40,200 shares as trustee of a trust for an adult daughter, 91,193 shares through a profit sharing plan, and other positions via a limited partnership, trusts, and a spouse. Footnotes state the reported prices are weighted averages based on trades executed between approximately $70.72 and $71.63.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares ($78,508)
Net Sell
7 txns
Insider
HOLMES NED S
Role
null
Sold
1,100 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $71.3482 | $36K |
| Sale | Common Stock | 500 | $71.3958 | $36K |
| Sale | Common Stock | 100 | $71.3639 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,615 shares (Direct, null);
Common Stock — 91,193 shares (Indirect, By profit sharing plan)
Footnotes (1)
- The price reported in Column 4 of is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.72 to $71.62 inclusive. The reporting person undertakes to provide Prosperity Bancshares, any security holder of Prosperity Bancshares or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.72 to $71.60 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.7365 to $71.63 inclusive.
Key Figures
Total shares sold: 1,100 shares
Sale price (daughter’s trust): $71.3639 per share
Sale price (profit sharing plan): $71.3958 per share
+5 more
8 metrics
Total shares sold
1,100 shares
Open-market sales on 2026-06-10
Sale price (daughter’s trust)
$71.3639 per share
100-share open-market sale, trustee of SSH trust
Sale price (profit sharing plan)
$71.3958 per share
500-share open-market sale by profit sharing plan
Sale price (direct holding)
$71.3482 per share
500-share open-market sale from direct holding
Direct shares after transaction
75,615 shares
Common Stock held directly after 2026-06-10 sales
Profit sharing plan holding
91,193 shares
Common Stock held indirectly by profit sharing plan after sale
Limited partnership holding
70,070 shares
Common Stock held indirectly by limited partnership
Trust for adult daughter holding
40,200 shares
Common Stock held as trustee of SSH trust for adult daughter
Key Terms
open-market sale, weighted average price, limited partnership, profit sharing plan, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
limited partnership financial
"nature_of_ownership: By limited partnership"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
profit sharing plan financial
"nature_of_ownership: By profit sharing plan"
trustee financial
"As trustee of SSH trust for adult daughter"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
