Prosperity Bancshares director sells 1,100 shares
Prosperity Bancshares Inc director Ned S. Holmes reported small open-market sales of company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Prosperity Bancshares Inc director Ned S. Holmes reported small open-market sales of company stock. On May 13, entities associated with him sold a total of 1,100 shares of Common Stock in multiple transactions.
The reported weighted average sale prices ranged from about $66.10 to $67.46 per share. After these transactions, Holmes holds 77,768 shares directly and also has indirect holdings, including 93,238 shares by a profit sharing plan and 40,605 shares as trustee of a trust for an adult daughter, plus additional limited partnership, trust, and spousal positions.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares
Net Sell
10 txns
Insider
HOLMES NED S
Role
Director
Sold
1,100 shs ($73K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 347 | $66.3501 | $23K |
| Sale | Common Stock | 153 | $67.1624 | $10K |
| Sale | Common Stock | 455 | $66.5116 | $30K |
| Sale | Common Stock | 45 | $67.3036 | $3K |
| Sale | Common Stock | 95 | $66.5086 | $6K |
| Sale | Common Stock | 5 | $67.365 | $336.83 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 77,615 shares (Direct);
Common Stock — 93,193 shares (Indirect, By profit sharing plan);
Common Stock — 40,600 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 (5)
- F1. The price reported in Column 4 of is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.10 to $66.69 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 (5) 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 $67.08 to $67.46 inclusive.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.10 to $67.095 inclusive.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $67.30 to $67.46 inclusive.
- F5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.10 to $67.085 inclusive.
Key Figures
Shares sold: 1,100 shares
Sale price range: $66.10–$67.46 per share
Direct holdings after: 77,768 shares
+5 more
8 metrics
Shares sold
1,100 shares
Total Common Stock sold on May 13 in open-market transactions
Sale price range
$66.10–$67.46 per share
Weighted-average price ranges from footnotes F1–F5
Direct holdings after
77,768 shares
Common Stock held directly following May 13 transactions
Profit sharing plan holdings
93,238 shares
Common Stock held indirectly by profit sharing plan after transactions
Adult daughter’s trust holdings
40,605 shares
Common Stock held as trustee of SSH trust for adult daughter
Limited partnership holdings
70,070 shares
Common Stock held indirectly by limited partnership
Grandchildren’s trust holdings
8,820 shares
Common Stock held as trustee of grandchildren’s trust
Spouse holdings
2,000 shares
Common Stock held indirectly 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" for several Common Stock transactions"
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" for certain holdings"
limited partnership financial
"nature_of_ownership: "By limited partnership" for a holding entry"
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.
Did the Form 4 disclose any option exercises or derivative transactions for Ned S. Holmes in PB?
No derivative activity was reported. The derivative section shows no option or similar exercises, and the summary indicates zero derivative transactions, with all reportable activity consisting of non-derivative Common Stock sales and updated holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates