Director Ned Holmes sells 1,100 Prosperity Bancshares (NYSE: PB) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROSPERITY BANCSHARES INC director Ned S. Holmes reported open-market sales of a total of 1,100 shares of Common Stock on May 20, 2026. The sales were executed in several small trades at prices around $68–$69, with reported weighted average prices for each group of transactions.
After these transactions, Holmes directly owns 77,614 shares. He also has indirect holdings, including 93,192 shares held by a profit sharing plan and 40,595 shares held as trustee of a trust for his adult daughter, alongside additional indirect interests through a limited partnership, other trusts, and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares ($75,663)
Net Sell
10 txns
Insider
HOLMES NED S
Role
null
Sold
1,100 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1 | $68.04 | $68.04 |
| Sale | Common Stock | 499 | $68.785 | $34K |
| Sale | Common Stock | 1 | $68.04 | $68.04 |
| Sale | Common Stock | 499 | $68.7822 | $34K |
| Sale | Common Stock | 5 | $67.975 | $339.88 |
| Sale | Common Stock | 95 | $68.8491 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 77,614 shares (Direct, null);
Common Stock — 93,192 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 $68.11 to $69.09 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 $68.11 to $69.07 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.38 to $69.07 inclusive.
Key Figures
Shares sold: 1,100 shares
Sale price example: $68.8491 per share
Sale price example: $67.9750 per share
+5 more
8 metrics
Shares sold
1,100 shares
Total Common Stock sold on May 20, 2026
Sale price example
$68.8491 per share
One tranche of 95 shares sold
Sale price example
$67.9750 per share
One tranche of 5 shares sold
Sale price example
$68.7822 per share
One tranche of 499 shares sold
Direct holding after trades
77,614 shares
Direct Common Stock owned after May 20, 2026
Profit sharing plan holding
93,192 shares
Indirect holding by profit sharing plan after trades
Adult daughter’s trust holding
40,595 shares
Indirect holding as trustee after sales
Limited partnership holding
70,070 shares
Indirect holding by limited partnership
Key Terms
open-market sale, weighted average price, profit sharing plan, trustee, +1 more
5 terms
open-market sale financial
"transaction_action":"open-market sale","transaction_code_description":"Sale in open market"
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""
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.
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.
