Director Ned S. Holmes filed a Form 4 with the U.S. Securities and Exchange Commission on September 23, 2026, reporting the sale of Prosperity Bancshares, Inc. (NYSE:PB) common stock executed under a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Ned S. Holmes, identified as a Director of Prosperity Bancshares, Inc.
  • Direct sales: Holmes sold 96 shares at a weighted average price of $67.7633 and 404 shares at a weighted average price of $68.6692, leaving 68,115 shares held directly.
  • Indirect sales via profit sharing plan: 89 shares sold at a weighted average price of $67.69 and 411 shares sold at a weighted average price of $68.6088, leaving 83,693 shares in that plan.
  • Indirect sales via SSH trust for adult daughter: 18 shares sold at $67.69 and 82 shares sold at a weighted average price of $68.5646, leaving 38,700 shares in that trust.
  • Rule 10b5-1 plan: The filing indicates all transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Additional indirect holdings: Holmes also holds 2,000 shares by spouse, 8,820 shares as trustee of a grandchildren's trust, 3,720 shares by trust, and 70,070 shares by limited partnership, with no transactions reported in those accounts.

Holmes Transaction Details and Beneficial Ownership After Sales

According to the filing, all six sale transactions took place on September 23, 2026. The prices reported are weighted averages, as shares were sold across multiple transactions within stated price ranges. For the 96 directly held shares, prices ranged from $67.63 to $67.91. For the 404 directly held shares, prices ranged from $68.13 to $69.09. The filing states that Holmes will provide full transaction-level detail upon request to Prosperity Bancshares, any security holder, or SEC staff.

Following the reported transactions, Holmes directly holds 68,115 shares of common stock. Indirectly, the profit sharing plan account holds 83,693 shares and the SSH trust for his adult daughter holds 38,700 shares. The filing also reports static indirect holdings of 2,000 shares by spouse, 8,820 shares as trustee of a grandchildren's trust, 3,720 shares by trust, and 70,070 shares by limited partnership, none of which were subject to transactions in this filing.

The Form 4 was signed by Charlotte M. Rasche as attorney in fact on September 23, 2026. The filing notes the transactions were made pursuant to a Rule 10b5-1(c) plan, as indicated by the checkbox on the form cover.

What Was Disclosed

Director Ned S. Holmes reported the sale of a total of 1,100 shares of Prosperity Bancshares common stock across direct and indirect accounts on September 23, 2026, all executed under a Rule 10b5-1 trading plan at weighted average prices ranging from approximately $67.69 to $68.6692.