Form 4: PB Director Sells 1,100 Shares Under 10b5-1 Plan

Prosperity Bancshares Director Ned S. Holmes reported the sale of 1,100 shares of common stock on September 24, 2025, under a Rule 10b5-1 trading plan.

Summary

• Ned S. Holmes, a Director of Prosperity Bancshares Inc. (PB), reported the sale of 1,100 shares of common stock.
• The transactions occurred on September 24, 2025.
• The sales were executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating a pre-arranged transaction.
• Shares were sold in multiple transactions at weighted average prices ranging from $64.995 to $65.44 per share.
• Following these transactions, Mr. Holmes' direct beneficial ownership is 92,415 shares.
• Indirect beneficial ownership includes 109,693 shares via a profit sharing plan, 43,900 shares as trustee of an SSH trust for an adult daughter, 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.

Sentiment

Score: 5

Explanation: The sale of shares by a director, while a reduction in insider ownership, was conducted under a pre-arranged Rule 10b5-1 plan. This typically indicates the transaction was not based on new, material non-public information and thus carries a neutral sentiment regarding the company's immediate prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders due to the relatively small number of shares sold by one director under a pre-arranged plan, which does not typically signal a change in company fundamentals.

Key Dates

Keywords

Prosperity Bancshares, PB, SEC Form 4, Insider Trading, Stock Sale, Director, Ned S. Holmes, 10b5-1 Plan