Prosperity Bancshares Reports on Shareholder Votes
Ticker: PB · Form: 8-K · Filed: Apr 17, 2024 · CIK: 1068851
| Field | Detail |
|---|---|
| Company | Prosperity Bancshares Inc (PB) |
| Form Type | 8-K |
| Filed Date | Apr 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: PB
TL;DR
PB's shareholders voted on key matters April 16th. Full details in new 8-K.
AI Summary
Prosperity Bancshares, Inc. filed an 8-K on April 17, 2024, reporting on matters submitted to a vote of security holders on April 16, 2024. The filing details the company's principal executive offices located at 4295 San Felipe Street, Houston, Texas, 77027, and its primary business as commercial banking.
Why It Matters
This filing informs investors about key decisions made during a shareholder vote, which can impact the company's governance and future direction.
Risk Assessment
Risk Level: low — This is a routine filing reporting on shareholder votes, not indicating any immediate financial distress or significant new risks.
Key Players & Entities
- PROSPERITY BANCSHARES, INC. (company) — Registrant
- 4295 San Felipe Street (location) — Principal executive offices
- Houston, Texas (location) — City and State of principal executive offices
- April 16, 2024 (date) — Date of earliest event reported
- April 17, 2024 (date) — Date of report
FAQ
What specific matters were submitted to a vote of Prosperity Bancshares' security holders?
The filing states that the report concerns 'Submission of Matters to a Vote of Security Holders' on April 16, 2024, but does not detail the specific proposals voted upon within the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on April 16, 2024.
What is the principal business address of Prosperity Bancshares, Inc.?
The principal executive offices are located at 4295 San Felipe Street, Houston, Texas 77027.
What is Prosperity Bancshares, Inc.'s IRS Employer Identification Number?
The IRS Employer Identification Number for Prosperity Bancshares, Inc. is 74-2331986.
Under which section of the Securities Exchange Act is this Form 8-K filed?
This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 679 words · 3 min read · ~2 pages · Grade level 9.6 · Accepted 2024-04-17 17:00:15
Key Financial Figures
- $1.00 — ch registered Common stock, par value $1.00 per share PB New York Stock Exchang
Filing Documents
- pb-20240416.htm (8-K) — 74KB
- 0000950170-24-045165.txt ( ) — 190KB
- pb-20240416.xsd (EX-101.SCH) — 29KB
- pb-20240416_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders On April 16, 2024, Prosperity Bancshares, Inc. (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting"). Holders of 83,310,792 shares of the Company's outstanding common stock ("Common Stock"), representing 89.07% of the shares entitled to vote as of the record date for the Annual Meeting, participated in person or by proxy. The matters voted on at the Annual Meeting were: 1. Election of Directors. James A. Bouligny, W. R. Collier, Dr. Laura Murillo, Robert Steelhammer and H. E. Timanus, Jr. were elected as Class II directors to serve on the Board of Directors of the Company (the "Board") until the Company's 2027 Annual Meeting of Shareholders, and each until their successors are duly elected and qualified, or until their earlier resignation or removal. The table below contains a summary of the number of votes for, votes withheld and broker non-votes for each nominated director: Votes For Votes Withheld Broker Non-Votes James A. Bouligny 66,055,324 11,598,567 5,656,900 W. R. Collier 74,636,303 3,017,588 5,656,900 Laura Murillo 75,976,007 1,677,812 5,656,900 Robert Steelhammer 63,334,834 14,319,058 5,656,900 H. E. Timanus, Jr. 72,368,843 5,285,048 5,656,900 The following Class I and Class III directors continued in office after the Annual Meeting: Kevin J. Hanigan, William T. Luedke IV, Perry Mueller, Jr., Harrison Stafford II, Ileana Blanco, Leah Henderson, Ned S. Holmes, Jack Lord and David Zalman. 2. Proposal to Ratify Appointment of Independent Registered Public Accounting Firm. The shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 by the votes set forth in the table below: Votes For Votes Against Abstentions Broker Non-Votes 81,890,392 1,345,260 75,140 0 3. Advisory Vote on Executive Compens
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PROSPERITY BANCSHARES, INC. (Registrant) Dated: April 17, 2024 By: /s/ Charlotte M. Rasche Charlotte M. Rasche Executive Vice President and General Counsel