Last updated: 17 January 2024 at 5:27pm EST

David Zalman Net Worth




The estimated Net Worth of David Zalman is at least $4.35 Million dollars as of 23 September 2020. Mr. Zalman owns over 8,700 units of Prosperity Bancshares stock worth over $625,182 and over the last 13 years he sold PB stock worth over $0. In addition, he makes $3,720,950 as Senior Chairman of the Board and Chief Executive Officer of the Company and Bank at Prosperity Bancshares.

Mr. Zalman PB stock SEC Form 4 insiders trading

David has made over 3 trades of the Prosperity Bancshares stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 8,700 units of PB stock worth $431,259 on 23 September 2020.

The largest trade he's ever made was exercising 70,000 units of Prosperity Bancshares stock on 26 December 2013 worth over $1,891,400. On average, David trades about 4,262 units every 112 days since 2011. As of 23 September 2020 he still owns at least 8,700 units of Prosperity Bancshares stock.

You can see the complete history of Mr. Zalman stock trades at the bottom of the page.





David Zalman biography

David Zalman serves as Senior Chairman of the Board, Chief Executive Officer of the Company and Bank of the Company. Mr. Zalman joined the Bank as President in 1986, became Chairman of the Board and Chief Executive Officer in 2001 and Senior Chairman and Chief Executive Officer in 2005. Mr. Zalman became a director and Vice President/Secretary of the Company in 1987, President in 2000, President and Chief Executive Officer in 2001 and Chairman of the Board and Chief Executive Officer in 2006. From 1978 to 1986, Mr. Zalman was employed by Commercial State Bank in El Campo, beginning as cashier and rising to become Chief Executive Officer. Mr. Zalman received a Bachelor of Business Administration degree from the University of Texas at Austin in 1978. He is currently a member of the Dallas Federal Reserve Bank Board of Directors, Houston Branch. He is a founding principal of New ICM LP, a manufacturer and distributor of children's clothing to national and international companies, and served as a partner and director from 1999 to 2017. He has served as a member of the El Campo City Council and as a Trustee of the St. Philip Catholic School Endowment Fund, as well as on various other civic clubs and charitable organizations.

What is the salary of David Zalman?

As the Senior Chairman of the Board and Chief Executive Officer of the Company and Bank of Prosperity Bancshares, the total compensation of David Zalman at Prosperity Bancshares is $3,720,950. There are no executives at Prosperity Bancshares getting paid more.



How old is David Zalman?

David Zalman is 63, he's been the Senior Chairman of the Board and Chief Executive Officer of the Company and Bank of Prosperity Bancshares since 2019. There are 14 older and 9 younger executives at Prosperity Bancshares. The oldest executive at Prosperity Bancshares Inc. is Perry Mueller, 86, who is the Director.

What's David Zalman's mailing address?

David's mailing address filed with the SEC is 4295 SAN FELIPE, , HOUSTON, TX, 77027-2915.

Insiders trading at Prosperity Bancshares

Over the last 13 years, insiders at Prosperity Bancshares have traded over $26,480,006 worth of Prosperity Bancshares stock and bought 162,128 units worth $8,395,045 . The most active insiders traders include Robert H Steelhammer, H E Jr Timanus, and Perry Jr Mueller. On average, Prosperity Bancshares executives and independent directors trade stock every 43 days with the average trade being worth of $551,597. The most recent stock trade was executed by Robert J. Dowdell on 5 March 2024, trading 5,914 units of PB stock currently worth $381,867.



What does Prosperity Bancshares do?

prosperity bank and trust co is a banking company located in p.o. box 2789, springfield, virginia, united states.



What does Prosperity Bancshares's logo look like?

Prosperity Bancshares Inc. logo

Complete history of Mr. Zalman stock trades at Prosperity Bancshares

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
23 Sep 2020 David Zalman
Senior Chairman and CEO
Buy 8,700 $49.57 $431,259
23 Sep 2020
8,700
23 Mar 2020 David Zalman
Senior Chairman and CEO
Buy 15,056 $43.17 $649,968
23 Mar 2020
15,056
26 Dec 2013 David Zalman
Senior Chairman and CEO
Option 70,000 $27.02 $1,891,400
26 Dec 2013
479,193


Prosperity Bancshares executives and stock owners

Prosperity Bancshares executives and other stock owners filed with the SEC include: