[Form 4] Prosperity Bancshares Inc Insider Trading Activity
Rhea-AI Filing Summary
Ned S. Holmes, a director of Prosperity Bancshares, reported multiple share sales on 09/03/2025 under a planned trading program. The Form 4 shows four non-derivative sales totaling 1,100 shares at weighted-average prices in the $68.21–$68.79 range. Post-transaction holdings are disclosed by account: 94,375 shares (direct), 93,915 shares (direct), 111,193 shares (indirect, profit sharing plan), and 44,200 shares (indirect, trustee for SSH trust). The filing indicates the trades were made pursuant to a Rule 10b5-1 plan. The Form 4 is signed by an attorney-in-fact on 09/04/2025.
Positive
- Trades executed under a Rule 10b5-1 plan, indicating a pre-arranged, compliant trading program
- Detailed post-transaction holdings disclosed across direct, profit-sharing and trust accounts
Negative
- Insider sold 1,100 shares on 09/03/2025, which may be viewed negatively by some investors
- Multiple weighted-average sale prices require requester follow-up for per-price breakdowns (footnoted)
Insights
TL;DR: Routine director share sales under a 10b5-1 plan, totaling 1,100 shares; appears procedural rather than governance-altering.
The filing documents routine disposition activity by a director with continued substantial direct and indirect holdings across personal, profit-sharing and trust accounts. The presence of a 10b5-1 plan suggests pre-arranged trades, which reduces concerns about opportunistic timing. No leadership changes, related-party transactions or amendments are disclosed, and the aggregate sale size relative to stated holdings does not indicate a change in control or material governance shift.
TL;DR: Insider sold 1,100 shares at weighted-average prices near $68.50; sales recorded across multiple accounts with specific post-sale balances.
The Form 4 specifies four sell transactions executed on 09/03/2025 with weighted-average prices between $68.21 and $68.79. Detailed post-transaction share counts are provided for both direct and indirect holdings, including a profit-sharing plan and a trust for an adult beneficiary. The filing contains footnotes explaining the price ranges for the multiple executions. No derivative activity is reported.