HOLMES NED S 4

What Happened Ned S. Holmes, a director of Prosperity Bancshares, reported selling a total of 1,100 shares in open-market transactions on March 18, 2026. The filing lists three dispositions: 500 shares at a weighted average price of $64.28 ($32,139), 500 shares at $64.29 ($32,145), and 100 shares at $64.30 ($6,430), for combined proceeds of about $70,714. These were sales (not purchases), which are commonly routine dispositions by insiders and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: March 18, 2026 (reported on Form 4 filed March 19, 2026 — timely).
• Reported trades: 500 @ $64.28 (proceeds $32,139); 500 @ $64.29 (proceeds $32,145); 100 @ $64.30 (proceeds $6,430).
• Total sold: 1,100 shares for roughly $70,714.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: Each reported price is a weighted average; the sales were executed in multiple transactions at price ranges:
  • One set ranged $63.99–$64.61 (footnotes note breakdown available on request).
  • Another set ranged $63.99–$64.61.
  • A third set ranged $63.925–$64.53. The reporting person offers to provide the exact number of shares sold at each price on request.
• Filing timeliness: Filed one day after the transaction date (appears timely; no late filing flag noted).

Context Sales by directors are routine and may serve many purposes (cash needs, diversification, planned dispositions). Because these were outright sales reported at weighted-average prices and not derivative exercises or gifts, they simply reflect stock dispositions; they should be weighed alongside other insider activity and company fundamentals.