Prosperity Bancshares director sells 1,100 shares
Prosperity Bancshares director Ned S. Holmes reported multiple open-market sales of company common stock.
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Form Type
4
Rhea-AI Filing Summary
Prosperity Bancshares director Ned S. Holmes reported multiple open-market sales of company common stock. On May 27, 2026, entities associated with him sold a total of 1,100 shares at weighted average prices around $69 per share, in several tranches.
Sales were made from direct holdings, a profit sharing plan, and a trust for an adult daughter, with prices ranging from $68.84 to $70.02. Following these transactions, Holmes holds 76,629 shares directly, 92,673 shares through a profit sharing plan, and 40,403 shares as trustee of a trust for an adult daughter, in addition to other indirect interests.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares
Net Sell
10 txns
Insider
HOLMES NED S
Role
Director
Sold
1,100 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 486 | $69.3038 | $34K |
| Sale | Common Stock | 14 | $70.02 | $980.28 |
| Sale | Common Stock | 20 | $68.84 | $1K |
| Sale | Common Stock | 480 | $69.3202 | $33K |
| Sale | Common Stock | 97 | $69.2865 | $7K |
| Sale | Common Stock | 3 | $69.955 | $209.87 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,615 shares (Direct);
Common Stock — 92,193 shares (Indirect, By profit sharing plan);
Common Stock — 40,400 shares (Indirect, As trustee of SSH trust for adult daughter);
Common Stock — 2,000 shares (Indirect, By spouse);
Common Stock — 8,820 shares (Indirect, As trustee of granchildren's trust);
Common Stock — 3,720 shares (Indirect, By trust);
Common Stock — 70,070 shares (Indirect, By limited partnership)
Footnotes (3)
- F1. The price reported in Column 4 of is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.93 to $69.88 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.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.93 to $69.88 inclusive.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.84 to $69.825 inclusive.
Key Figures
Shares sold: 1,100 shares
Sale price tranche: $69.955 per share
Sale price tranche: $69.2865 per share
+5 more
8 metrics
Shares sold
1,100 shares
Net open-market sales of common stock on May 27, 2026
Sale price tranche
$69.955 per share
3 shares sold as trustee of SSH trust for adult daughter
Sale price tranche
$69.2865 per share
97 shares sold as trustee of SSH trust for adult daughter
Sale price tranche
$69.3202 per share
480 shares sold by profit sharing plan
Sale price tranche
$68.8400 per share
20 shares sold by profit sharing plan
Direct holdings after
76,629 shares
Common stock held directly following May 27, 2026 transactions
Profit sharing plan holdings after
92,673 shares
Common stock held by profit sharing plan after sales
Trust for adult daughter holdings after
40,403 shares
Common stock held as trustee of SSH trust for adult daughter
Key Terms
open-market sale, weighted average price, profit sharing plan, limited partnership, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale of Common Stock"
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.
profit sharing plan financial
"nature_of_ownership: By profit sharing plan"
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.
trustee financial
"nature_of_ownership: 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PB director Ned S. Holmes report?
Ned S. Holmes reported open-market sales of Prosperity Bancshares common stock totaling 1,100 shares. The transactions occurred on May 27, 2026, across direct holdings, a profit sharing plan, and a trust for his adult daughter.
How are the sale prices reported in Ned S. Holmes’s PB Form 4?
Sale prices are reported as weighted average prices for groups of trades. Footnotes explain that individual transactions occurred within specified ranges, such as $68.93 to $69.88 and $68.84 to $69.825, and that full price details are available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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