PB: Director Ned Holmes Reports Sale of 1,100 Shares Oct 8 2025
Rhea-AI Filing Summary
Ned S. Holmes, a director of Prosperity Bancshares, Inc. (PB), reported sales of 1,100 shares on 10/08/2025 under Section 16. The Form 4 shows three sale entries: two blocks of 500 shares and one block of 100 shares, with weighted average prices reported near $65.66. The footnotes disclose the sales occurred in multiple transactions at prices ranging roughly from $65.33 to $65.88. The filing lists remaining beneficial holdings across direct and indirect vehicles (including a profit sharing plan, trusts, spouse and limited partnership) and was signed by an attorney-in-fact on 10/09/2025.
Positive
- Remaining diversified holdings across direct and indirect accounts (profit sharing plan, trusts, spouse, limited partnership)
- Timely disclosure filed and signed by attorney-in-fact on 10/09/2025
Negative
- Reported sale of 1,100 shares on 10/08/2025, reducing direct/indirect positions
Insights
Director sold a small stake across multiple accounts; holdings remain diversified across trusts and plans.
The report documents a total of 1,100 shares sold on 10/08/2025 at weighted average prices around $65.66. The sales are recorded as direct and indirect dispositions and the filing identifies multiple remaining holdings by the reporting person through a profit sharing plan, trusts, spouse and a limited partnership.
The main dependency is that the Form 4 only discloses transactions and post-sale holdings; it does not state intent or reason for the sales. Investors may monitor subsequent Section 16 filings for additional changes over the next few reporting periods.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $65.6332 | $33K |
| Sale | Common Stock | 500 | $65.6648 | $33K |
| Sale | Common Stock | 100 | $65.6565 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 $65.35 to $65.88 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.355 to $65.85 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.335 to $65.85 inclusive.
