David E. Zalman
Net Worth

Last updated:

What is David E. Zalman net worth?

The estimated net worth of Mr. David E. Zalman is at least $71,426,293 as of 23 Sep 2020. He owns shares worth $586,293 as insider and has received compensation worth at least $70,840,000 in Prosperity Bancshares, Inc..

What is the salary of David E. Zalman?

Mr. David E. Zalman salary is $3,220,000 per year as Senior Chairman & Chief Executive Officer in Prosperity Bancshares, Inc..

How old is David E. Zalman?

Mr. David E. Zalman is 68 years old, born in 1957.

What stocks does David E. Zalman currently own?

As insider, Mr. David E. Zalman owns shares in one company:

Company Title Shares Price per share Total value
Prosperity Bancshares, Inc. (PB) Senior Chairman & Chief Executive Officer 8,700 $67.39 $586,293

What does Prosperity Bancshares, Inc. do?

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. As of December 31, 2021, the company operated 273 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.

PB logo
PB
Prosperity Bancshares, Inc.
$67.39

David E. Zalman insider trading

Prosperity Bancshares, Inc.

Mr. David E. Zalman has made 6 insider trades between 2003-2020, according to the Form 4 filled with the SEC. Most recently he purchased 8,700 units of PB stock worth $431,233 on 23 Sep 2020.

The largest trade he's ever made was exercising 100,000 units of PB stock on 25 Mar 2010. As of 23 Sep 2020 he still owns at least 8,700 units of PB stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 8,700 $49.57 $431,233
Purchase
Common Stock 15,056 $43.17 $649,968
Option
Employee Stock Option 70,000 N/A N/A
Option
Common Stock 70,000 N/A N/A
Option
Employee Stock Option (right to buy) 30,000 N/A N/A
Option
Common Stock 30,000 N/A N/A
Sale
Common Stock 100,000 N/A N/A
Sale
Common Stock 35,000 N/A N/A
Sale
Common Stock 35,000 N/A N/A
Sale
Common Stock 19,000 N/A N/A
Sale
Common Stock 6,000 N/A N/A
Sale
Common Stock 25,000 N/A N/A

Prosperity Bancshares key executives

Prosperity Bancshares, Inc. executives and other stock owners filed with the SEC: