Director Ned S. Holmes trims Prosperity Bancshares (PB) stake with 1,100-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prosperity Bancshares director Ned S. Holmes reported open-market sales totaling 1,100 shares of common stock on April 29, 2026 through a mix of direct and indirect holdings. The reported weighted average sale prices ranged from about $68.12 to $70.74 per share across multiple trades.
After these transactions, Holmes held 79,069 shares directly and continued to hold additional indirect positions, including 40,850 shares as trustee of a trust for an adult daughter, 94,421 shares through a profit sharing plan, and other indirect stakes via a limited partnership, trusts, and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares ($76,567)
Net Sell
12 txns
Insider
HOLMES NED S
Role
null
Sold
1,100 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 46 | $68.125 | $3K |
| Sale | Common Stock | 232 | $69.1632 | $16K |
| Sale | Common Stock | 222 | $70.347 | $16K |
| Sale | Common Stock | 272 | $69.0425 | $19K |
| Sale | Common Stock | 228 | $70.339 | $16K |
| Sale | Common Stock | 50 | $68.8345 | $3K |
| Sale | Common Stock | 16 | $69.5467 | $1K |
| Sale | Common Stock | 34 | $70.5508 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,069 shares (Direct, null);
Common Stock — 94,421 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 $68.94 to $69.305 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) through (6) 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 $69.945 to $70.645 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.845 to $69.36 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $69.9450 to $70.645 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.22 to $69.125 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $69.305 to $69.795 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.35 to $70.735 inclusive.
Key Figures
Shares sold: 1,100 shares
Sale price range: $68.12–$70.74 per share
Direct holdings after sale: 79,069 shares
+5 more
8 metrics
Shares sold
1,100 shares
Total common shares sold on April 29, 2026
Sale price range
$68.12–$70.74 per share
Weighted average price ranges from Form 4 footnotes
Direct holdings after sale
79,069 shares
Direct common stock owned after April 29, 2026 trades
Adult daughter’s trust holdings
40,850 shares
Held as trustee of SSH trust for adult daughter after trades
Profit sharing plan holdings
94,421 shares
Indirectly held by profit sharing plan after sales
Limited partnership holdings
70,070 shares
Indirectly held by limited partnership
Grandchildren’s trust holdings
8,820 shares
Held as trustee of grandchildren’s trust
Spouse holdings
2,000 shares
Indirectly held by spouse
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""
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.
