Director Ned S. Holmes of Prosperity Bancshares Inc filed a Form 4 on August 13, 2026, disclosing the sale of 1,100 shares of common stock on August 12, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Ned S. Holmes, listed as a Director of Prosperity Bancshares Inc (NYSE:PB).
  • 500 shares sold directly at a weighted average price of $74.1391, with individual transaction prices ranging from $73.59 to $74.50.
  • 500 shares sold indirectly via a profit sharing plan at a weighted average price of $74.1308, with prices ranging from $73.59 to $74.50.
  • 100 shares sold indirectly as trustee of an SSH trust for an adult daughter at a weighted average price of $74.1604, with prices ranging from $73.58 to $74.53.
  • Post-transaction direct holdings: 71,115 shares held directly following the reported transactions.
  • Rule 10b5-1 plan: The filing indicates the transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Holmes' Share Sales and Remaining Beneficial Ownership at Prosperity Bancshares

According to the filing, Ned S. Holmes, a director of Prosperity Bancshares Inc, sold a total of 1,100 shares of common stock on August 12, 2026. The three transactions involved shares held directly, through a profit sharing plan, and through a trust for an adult daughter. All prices reported are weighted averages, and the filing notes that Holmes "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."

Following the reported transactions, Holmes holds 71,115 shares directly and retains indirect beneficial ownership across several vehicles. These include 86,693 shares through a profit sharing plan, 39,300 shares as trustee of the SSH trust for an adult daughter, 2,000 shares held by a spouse, 8,820 shares as trustee of a grandchildren's trust, 3,720 shares through a trust, and 70,070 shares through a limited partnership, according to the filing.

The Form 4 was signed by Charlotte M. Rasche as Attorney in Fact and filed on August 13, 2026. The filing indicates the box was checked confirming transactions were made pursuant to a Rule 10b5-1(c) plan, and also notes that Holmes is no longer subject to Section 16 reporting obligations, as the applicable box was checked.

What Was Disclosed

The filing reports three open-market sales of Prosperity Bancshares common stock by Director Ned S. Holmes on August 12, 2026, totaling 1,100 shares across direct and indirect accounts, with weighted average prices between $74.1308 and $74.1604.