Prosperity Bancshares Executive Compensation Details
Ticker: PB · Form: DEF 14A · Filed: Mar 13, 2025 · CIK: 1068851
| Field | Detail |
|---|---|
| Company | Prosperity Bancshares Inc (PB) |
| Form Type | DEF 14A |
| Filed Date | Mar 13, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, DEF 14A, equity-awards
Related Tickers: PB
TL;DR
PB's exec comp filing is out, detailing 2024 pay packages for Safady, Hanigan & others. Focus on equity awards & bonuses.
AI Summary
Prosperity Bancshares Inc. filed a DEF 14A on March 13, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on various compensation components such as bonus and non-equity incentive compensation, equity awards, and other compensation for key executives like Mr. Safady and Mr. Hanigan. It also covers changes in the fair value of equity awards and year-end valuations for outstanding awards.
Why It Matters
This filing provides transparency into how Prosperity Bancshares compensates its top executives, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing providing information on executive compensation, which is standard for public companies.
Key Numbers
- 2024 — Fiscal Year End (Executive compensation details pertain to this year.)
- 20250313 — Filing Date (Date the DEF 14A was filed with the SEC.)
Key Players & Entities
- PROSPERITY BANCSHARES INC (company) — Filer
- Mr. Safady (person) — Executive
- Mr. Hanigan (person) — Executive
- 4295 SAN FELIPE STREET (location) — Business Address
FAQ
What were the primary components of executive compensation for the fiscal year ending December 31, 2024?
The filing indicates compensation included bonus and non-equity incentive compensation, equity awards, and other compensation, with specific details for individuals like Mr. Safady and Mr. Hanigan.
What is the significance of the 'ecd:NonPeoNeoMember' and 'ecd:PeoMember' tags in the filing?
These tags likely refer to different categories of executive compensation, possibly distinguishing between non-performance-based and performance-based equity awards or executive roles.
When was this DEF 14A filing submitted to the SEC?
The filing was submitted on March 13, 2025.
What is the business address of Prosperity Bancshares Inc. as listed in the filing?
The business address is 4295 San Felipe Street, Houston, TX 77027.
What fiscal year does the compensation information primarily cover?
The compensation information primarily covers the fiscal year ending December 31, 2024, with some references to prior years for comparative data.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 13, 2025 by Mr. Safady regarding PROSPERITY BANCSHARES INC (PB).