Prosperity Bancshares director sells 1,100 shares
Director Ned S. Holmes reported pre-planned open-market sales totaling 1,100 PB shares and updated several indirect ownership positions.
Rhea-AI Filing Summary
PROSPERITY BANCSHARES INC (PB) director Ned S. Holmes reported selling a total of 1,100 shares of common stock on September 16, 2026 in open-market transactions under a Rule 10b5-1 trading plan.
The sales included direct holdings and indirect holdings through a profit sharing plan and a trust for an adult daughter, at weighted average prices around $69.89–$71.03 per share. After these transactions, indirect holdings reported include 2,000 shares by spouse, 8,820 shares as trustee of grandchildren’s trust, 3,720 shares by trust, and 70,070 shares by a limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares
Net Sell
10 txns
Insider
HOLMES NED S
Role
Director
Sold
1,100 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28 | $69.89 | $2K |
| Sale | Common Stock F1 | 472 | $71.0127 | $34K |
| Sale | Common Stock | 45 | $69.89 | $3K |
| Sale | Common Stock F2 | 455 | $71.0258 | $32K |
| Sale | Common Stock | 8 | $69.89 | $559.12 |
| Sale | Common Stock F3 | 92 | $71.0263 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 68,615 shares (Direct);
Common Stock — 84,193 shares (Indirect, By profit sharing plan);
Common Stock — 38,800 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 (3)
- F1. The price reported in Column 4 of is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.545 to $71.22 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.
- F2. The price reported in Column 4 of is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.545 to $71.22 inclusive.
- F3. The price reported in Column 4 of is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.875 to $71.185 inclusive.
Key Figures
Shares sold: 1,100 shares
Sale price (direct holding example): $69.89 per share
Sale price (weighted average range F1/F2): $70.545–$71.22 per share
+5 more
8 metrics
Shares sold
1,100 shares
Total Prosperity Bancshares common shares sold on September 16, 2026
Sale price (direct holding example)
$69.89 per share
Weighted average price for certain sales on September 16, 2026
Sale price (weighted average range F1/F2)
$70.545–$71.22 per share
Price ranges for transactions with weighted average prices tied to F1 and F2
Sale price range F3
$70.875–$71.185 per share
Price range for weighted average transaction tied to footnote F3
Indirect holding by spouse
2,000 shares
Common stock held indirectly by spouse after reported transactions
Indirect holding grandchildren’s trust
8,820 shares
Common stock held indirectly as trustee of grandchildren’s trust
Indirect holding by trust
3,720 shares
Common stock held indirectly by trust
Indirect holding by limited partnership
70,070 shares
Common stock held indirectly by limited partnership
Key Terms
Rule 10b5-1 trading plan, weighted average price, profit sharing plan, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Transactions were made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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
"Indirect ownership reported as By profit sharing plan"
indirect ownership financial
"Indirect ownership reported by spouse, trusts and partnership"
trustee financial
"Shares held 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.
What insider transaction did PB disclose for Ned S. Holmes on this Form 4?
The filing reports that director Ned S. Holmes sold 1,100 shares of Prosperity Bancshares common stock on September 16, 2026 in several open-market transactions, and updated multiple indirect ownership positions in family- and entity-related accounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
