[Form 4] Prosperity Bancshares Inc Insider Trading Activity
Rhea-AI Filing Summary
Prosperity Bancshares (PB) director Ned S. Holmes reported multiple open-market sales of Common Stock on 08/20/2025. The Form 4 shows three separate sale entries totaling 1,100 shares sold (500, 500 and 100) at weighted-average prices in the $67.16–$67.62 range, with the reported weighted-average prices of $67.3529, $67.3606 and $67.3358. The filing indicates the sales were made pursuant to a 10b5-1 trading plan. The report also lists various beneficial holdings remaining after the transactions, including direct and indirect holdings by spouse, trusts, a limited partnership and a profit-sharing plan.
Positive
- Transaction executed pursuant to a 10b5-1 trading plan, indicating pre-arranged compliance with Rule 10b5-1(c).
- Detailed beneficial ownership breakdown provided, including direct and indirect holdings (spouse, trusts, profit-sharing plan, limited partnership).
- Filing includes explanatory footnotes clarifying that reported prices are weighted averages from multiple executions.
Negative
- Insider sales totaling 1,100 shares on 08/20/2025 may be viewed negatively by some investors depending on context.
- Weighted-average sale prices disclosed but the exact number of shares sold at each individual price is not listed in the table (footnotes offer to provide on request).
Insights
TL;DR: A director executed small open-market sales under a 10b5-1 plan; filings show post-sale beneficial holdings across family and trust accounts.
The filing documents routine disposition activity by a director totaling 1,100 shares on 08/20/2025 at weighted-average prices reported in the footnotes. The director checked the box indicating the transactions were made pursuant to a 10b5-1(c) plan, which is a compliance mechanism intended to provide an affirmative defense for scheduled trading. The Form 4 lists detailed ownership breakdowns following the transactions, including holdings reported directly and indirectly (spouse, trustee positions, profit-sharing plan and limited partnership). From an investor-disclosure perspective, the filing is complete and includes footnotes clarifying that the prices are weighted averages from multiple executions.
TL;DR: Disclosure is clear and compliant; sales were executed under a pre-arranged plan and ownership details are itemized.
The Form 4 appears to comply with Section 16 reporting requirements: it identifies the reporting person as a director, indicates the transaction date of 08/20/2025, and includes explanatory footnotes about weighted-average sale prices and multiple executions. The filing specifies the nature of indirect ownership for several holdings (spouse, trusts, profit-sharing plan) which aids transparency. No derivative transactions were reported. The signature is provided by an attorney-in-fact, consistent with filing procedures.