Prosperity Bancshares (PB) director sells 1,100 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prosperity Bancshares director Ned S. Holmes reported open-market sales of 1,100 shares of Common Stock on July 1, 2026. The transactions were executed at weighted average prices between approximately $72.92 and $73.87 per share through multiple trades.
Sales included 500 shares held directly at $73.5606 per share and 500 shares held through a profit sharing plan at $73.5424 per share. An additional 95 and 5 shares were sold from a trust for an adult daughter at weighted average prices of $73.5127 and $72.79 per share.
Following these transactions, Holmes holds 74,115 shares directly. Indirect holdings include 89,693 shares by a profit sharing plan, 39,995 shares as trustee of a trust for an adult daughter, 70,070 shares through a limited partnership, 3,720 shares by trust, 8,820 shares as trustee of grandchildren’s trust, and 2,000 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares ($80,899)
Net Sell
8 txns
Insider
HOLMES NED S
Role
null
Sold
1,100 shs ($81K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $73.5606 | $37K |
| Sale | Common Stock | 500 | $73.5424 | $37K |
| Sale | Common Stock | 5 | $72.79 | $363.95 |
| Sale | Common Stock | 95 | $73.5127 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 74,115 shares (Direct, null);
Common Stock — 89,693 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 $72.92 to $73.87 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 $72.92 to $73.87 inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $73.02 to $73.87 inclusive.
Key Figures
Total shares sold: 1,100 shares
Direct sale price: $73.5606/share
Profit sharing plan sale price: $73.5424/share
+5 more
8 metrics
Total shares sold
1,100 shares
Net open-market sales on July 1, 2026
Direct sale price
$73.5606/share
500 shares sold from direct holdings
Profit sharing plan sale price
$73.5424/share
500 shares sold by profit sharing plan
Trust sale prices
$73.5127 and $72.79/share
95 and 5 shares sold from adult daughter’s trust
Direct holdings after sale
74,115 shares
Shares held directly following transactions
Profit sharing plan holdings
89,693 shares
Indirect holdings by profit sharing plan after sale
Adult daughter trust holdings
39,995 shares
Indirect holdings as trustee after sale
Limited partnership holdings
70,070 shares
Indirect holdings by limited partnership
Key Terms
open-market sale, weighted average price, indirect, profit sharing plan, +2 more
6 terms
open-market sale financial
"Sale in open market or private transaction"
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.
indirect financial
"ownership_type": "indirect""
profit sharing plan financial
"nature_of_ownership": "By profit sharing plan""
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.
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.
