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 selling a total of 1,100 shares of Common Stock of PB in open-market transactions on April 1, 2026. The sales included 500 directly owned shares at a weighted average price of $67.7985, 500 shares held through a profit sharing plan at $67.7934, and 100 shares held as trustee of a trust for his adult daughter at $67.7798.
After these sales, Holmes holds 78,915 shares directly, and continues to have significant indirect holdings, including 96,193 shares through a profit sharing plan and 41,200 shares as trustee of his daughter’s trust. Additional indirect holdings are reported through a spouse, various trusts, and a limited partnership. Footnotes state the reported prices are weighted averages for multiple trades within price ranges between $67.36 and $68.08.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares ($74,574)
Net Sell
7 txns
Insider
HOLMES NED S
Role
Director
Sold
1,100 shs ($75K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $67.7985 | $34K |
| Sale | Common Stock | 500 | $67.7934 | $34K |
| Sale | Common Stock | 100 | $67.7798 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 78,915 shares (Direct);
Common Stock — 96,193 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 $67.36 to $68.04 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 $67.36 to $68.08 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $67.40 to $67.99 inclusive.
Key Figures
Direct shares sold: 500 shares at $67.7985
Profit sharing plan sale: 500 shares at $67.7934
Trust sale for adult daughter: 100 shares at $67.7798
+5 more
8 metrics
Direct shares sold
500 shares at $67.7985
Open-market sale of directly owned Common Stock on April 1, 2026
Profit sharing plan sale
500 shares at $67.7934
Open-market sale of shares held by profit sharing plan on April 1, 2026
Trust sale for adult daughter
100 shares at $67.7798
Open-market sale from SSH trust for adult daughter on April 1, 2026
Total shares sold
1,100 shares
Net shares sold across three Common Stock transactions
Direct holdings after sale
78,915 shares
Directly owned Prosperity Bancshares Common Stock following transactions
Profit sharing plan holdings
96,193 shares
Shares held indirectly by profit sharing plan after reported sale
Adult daughter trust holdings
41,200 shares
Shares held as trustee of SSH trust for adult daughter after sale
Reported trade price ranges
$67.36–$68.08
Footnotes describe multiple executions within these price ranges
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""
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
"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.
