Prosperity Bancshares director Holmes sells $72,845 in stock

Prosperity Bancshares Inc. (PNB) director Ned S. Holmes sold $72,845 worth of the company's common stock on October 14, 2026. The stock trades at $66.74, which is below InvestingPro’s Fair Value estimate, indicating the shares could be undervalued and potentially appealing to investors. Holmes sold a total of 1,000 shares, with 500 shares sold directly by him, 452 and 48 shares indirectly through a profit sharing plan, and 100 shares sold indirectly as a trustee of an SSH trust for his adult daughter.

Post-sale, Holmes still owns 66,615 shares directly and has indirect holdings worth 164,834 shares. The company has a strong record of raising dividends for 18 consecutive years and currently offers a dividend yield of 3.62%, making it one of the 8+ additional tips available to subscribers.