Form 4: Prosperity Bancshares Director Ned S. Holmes Reports Stock Sales
SEC Form 4 Filing
Director Ned S. Holmes of Prosperity Bancshares Inc. reports multiple sales of common stock on February 26, 2025, at varying prices.
Summary
- On February 26, 2025, Ned S. Holmes, a director of Prosperity Bancshares Inc., reported the sale of common stock.
- The sales occurred at various prices, ranging from $75.89 to $76.995 per share.
- Holmes sold 459 shares at a weighted average price of $76.3688, 41 shares at $76.905, 454 shares at $76.3165, 46 shares at $76.905, 6 shares at $75.9, and 94 shares at $76.44.
- Following these transactions, Holmes directly owns 105,815 shares and indirectly owns shares through a profit-sharing plan (124,693), as trustee of an SSH trust for an adult daughter (46,900), through a spouse (2,000), as trustee of grandchildren's trust (8,820), through a trust (3,720), and through a limited partnership (70,070).
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.
Stakeholder Impact
- The stock sales by a director could be perceived by shareholders as a lack of confidence, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock sale transactions |
| 02/27/2025 | Date of signature on the Form 4 filing |
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