Vanguard Capital Management Discloses New 5.04% Stake in Prosperity Bancshares Inc (PB)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, disclosing a new 5.04% ownership stake in Prosperity Bancshares Inc (PB). The filing indicates that as of the event date on March 31, 2026, Vanguard beneficially owned 5,115,938 shares of common stock. This position represents a significant increase from a previously reported 0% ownership, crossing the 5% regulatory threshold. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 5,115,938 shares and sole voting power over 767,944 shares. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reported holdings include securities managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. Prosperity Bancshares Inc is headquartered in Houston, Texas, and the investment reflects Vanguard's continued expansion of its banking sector portfolio.