In 2023, David Zalman earned $2.70M in total compensation at Prosperity Bancshares, including $1.11M salary, $1.14M bonus and $222.38K in stock. Most recently acquired 3,057 shares in Dec 2024. Currently holds stock worth $35.63M. Has donated $38.95M in stock to charitable causes. Led Prosperity Bancshares as CEO for 11 years.
Compensation History
Annual executive compensation data for David Zalman, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.70M
Salary
$1.11M
Bonus
$1.14M
Other
$238.82K
Salary
$1.11MBoard Justification
The compensation program is designed to reward executive officers for achieving short-term and long-term strategic and operational goals while maximizing shareholder value.
Bonus
$1.14MBoard Justification
Discretionary cash bonuses awarded for efforts during the year in recognition of contributions and the Company’s performance.
Other Compensation
$238.82KBoard Justification
Includes club membership dues, 401(k) matching contributions, personal use of automobiles, personal use of aircraft, premiums on life insurance, and dividends on unvested restricted stock.
Restricted Stock
Board Justification
Restricted stock that vested during the fiscal year ended December 31, 2023.
Performance Metrics
Total return, asset quality, increase in earnings per share, increase in deposits, increase in assets, increase in loans, return on average equity, efficiency ratio, and increase in dividends.
David Zalman
Ex-CEO of Prosperity Bancshares
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
February 1, 1956 - 69 years ago
CEO of Prosperity Bancshares for
11 years 1 month (Nov 2012 - Dec 2023)
Previous Experience
Chairman of the Board and Chief Executive Officer of the Company
Other Prosperity Bancshares CEOs
Holdings
Track David Zalman's stock holdings and portfolio value over time.
Charitable Transactions
551,451 shares
PB
Recent Charitable Transactions
151,451 shares
PB
Mar 24, 2021
Charity
200,000 shares
PB
Dec 31, 2012
Charity
200,000 shares
PB
Dec 28, 2012
Charity
Insider Trading
David Zalman's recent stock transactions, purchases, and sales filed with the SEC.
3,057 shares
PB
Dec 31, 2024
Received
35,000 shares
PB
Jan 16, 2024
Received
2,372 shares
PB
Dec 29, 2023
Received
2,130 shares
PB
Dec 30, 2022
Received
2,821 shares
PB
Dec 31, 2021
Received
151,451 shares
PB
Mar 24, 2021
Charity
151,451 shares
PB
Mar 24, 2021
Charity
35,000 shares
PB
Jan 19, 2021
Received
3,864 shares
PB
Dec 31, 2020
Received
$431.23K
PB at $49.57/share
Sep 23, 2020
Purchase
Rivals
Compare David Zalman with competitor CEOs and industry peers.
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Stock
$609.36K
Salary
$1.00M
Bonus
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Other
$59.30K
Total Holdings
$378.14K
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Salary
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Bonus
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George A. Makris, Jr.
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2022 Compensation
Stock
$2.30M
Salary
$887.62K
Bonus
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Other
$146.36K
Total Holdings
$13.32M
Vincent J. Delie, Jr.
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2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Joseph S. Exnicios
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2023 Compensation
Stock
$265.86K
Salary
$553.84K
Bonus
$383.43K
Other
$67.08K
Total Holdings
$1.50K