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Prosperity Bancshares Executive Compensation (FY25)

PB · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
David Zalman
Latest say-on-pay support
=
April 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): April 23, 2026
16 filings cited on this page
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275 figures on this page: 265 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
David Zalman was paid $3,434,273 in total compensation as Senior Chairman of the Board and Chief Executive Officer for fiscal 2025, and Zalman's total moved 39.3% lower from the $5,659,475 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 71:1, against median employee compensation of $48,673. For fiscal 2025, shareholders backed the say-on-pay proposal with 96.5% of votes cast including abstentions in favor at the meeting held April 21, 2026. The disclosed peer group names Associated Banc-Corp, Banc of California, Bank OZK, BankUnited, Inc. and BOK Financial Corporation, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — David Zalman: $5,659,475 → $3,434,273 (39.3% lower)
Say-on-pay support: 95.3% → 96.5% (1.2 points higher)
CEO pay ratio: 120:1 → 71:1 (40.8% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Prosperity Bancshares' chief executive and what were they paid?
David Zalman was paid $3,434,273 in total compensation as Senior Chairman of the Board and Chief Executive Officer for fiscal 2025. Zalman's total moved 39.3% lower from the $5,659,475 reported for fiscal 2024.
What was Prosperity Bancshares' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.5% of votes cast including abstentions in favor at the meeting held April 21, 2026.
Which companies are in Prosperity Bancshares' peer group?
The disclosed peer group names Associated Banc-Corp, Banc of California, Bank OZK, BankUnited, Inc. and BOK Financial Corporation, among others.
What is Prosperity Bancshares' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 71:1, against median employee compensation of $48,673.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Hanigan
President and Chief Executive Officer of the Bank
◇◇◇—◇—◇◇
David Zalman
Senior Chairman and Chief Executive Officer
◇◇◇—◇—◇◇
J. Mays Davenport
EVP and Director of Corporate Strategy
◇◇◇—◇—◇◇
H. Timanus Jr.
Chairman of the Board
◇◇◇—◇—◇◇
Edward Safady
Vice Chairman
◇◇◇—◇—◇◇
Asylbek Osmonov
Chief Financial Officer
◇◇◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Zalman
Senior Chairman and Chief Executive Officer
◇◇◇—◇—◇◇
Kevin Hanigan
President and Chief Executive Officer of the Bank
◇◇◇—◇—◇◇
H. Timanus, Jr.
Chairman of the Board
◇◇◇—◇—◇◇
Edward Safady
Vice Chairman
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Zalman
Senior Chairman of the Board and Chief Executive Officer
◇◇◇—◇—◇◇
H.e. Timanus, Jr.
Chairman of the Board
◇◇◇—◇—◇◇
Edward Z. Safady
Vice Chairman
◇◇◇—◇—◇◇
Kevin J. Hanigan
President and Chief Operating Officer
◇◇◇—◇—◇◇
Asylbek Osmonov
Chief Financial Officer
◇◇————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin J. Hanigan
President and Chief Operating Officer
◇◇◇—◇—◇◇
David Zalman
Senior Chairman of the Board and Chief Executive Officer
◇◇◇—◇—◇◇
H. E. Timanus, Jr.
Chairman of the Board
◇◇◇—◇—◇◇
Edward Z. Safady
Vice Chairman
◇◇◇—◇—◇◇
Asylbek Osmonov
Chief Financial Officer
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Asylbek OsmonovOTHER——————◇
David ZalmanOTHER——————◇
Edward Z. SafadyOTHER——————◇
H. E. Timanus, Jr.OTHER——————◇
Kevin J. HaniganOTHER——————◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
H.E. TimanusRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Edward SafadyRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin HaniganRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
David ZalmanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Asylbek OsmonovRSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
David Zalman
Senior Chairman of the Board and Chief Executive Officer · Employment agreement · citing a 2024 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Edward Z. Safady
Vice Chairman · Employment agreement · citing a 2021 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Non-compete period◇
Non-solicit period◇
H. E. Timanus, Jr.
Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Kevin J. Hanigan
President · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
W. R. Collier
◇————◇◇
Harrison Stafford II
◇◇———◇◇
Ned S. Holmes
◇◇———◇◇
Robert Steelhammer
◇◇———◇◇
Jack Lord
◇◇———◇◇
William T. Luedke IV
◇◇———◇◇
Laura Murillo
◇◇———◇◇
Leah Henderson
◇◇———◇◇
Ileana Blanco
◇◇———◇◇
James A. Bouligny
Lead independent director
◇◇———◇◇
Perry Mueller, Jr
◇◇———◇◇
Perry Mueller, Jr., D.D.S
◇◇———◇◇
David Zalman, Edward Z. Safady, H. E. Timanus, Jr and Kevin J. Hanigan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board equity retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Board meeting fee◇
Committee meeting fee◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Associated Banc-Corp ASB
  • Banc of California BANC
  • Bank OZK OZK
  • BankUnited, Inc. BKU
  • BOK Financial Corporation BOKF
  • Cadence Bank CADE
  • Columbia Banking System, Inc. COLB
  • Commerce Bancshares, Inc CBSH
  • Cullen Frost Bankers, Inc. CFR
  • East West Bancorp, Inc. EWBC
  • F.N.B. Corporation FNB
  • First Interstate BancSystem, Inc. FIBK
  • Fulton Financial Corporation FULT
  • Glacier Bancorp, Inc. GBCI
  • Hancock Whitney Corporation HWC
  • Old National Bancorp ONB
  • Pinnacle Financial Partners, Inc. PNFP
  • SouthState Corporation SSB
  • Synovus Financial Corp. SNV
  • Texas Capital Bancshares, Inc. TCBI
  • UMB Financial Corporation UMBF
  • United Bankshares, Inc. UBSI
  • United Community Banks, Inc. UCB
  • Valley National Bancorp VLY
  • WaFd, Inc. WAFD
  • Wintrust Financial Corporation WTFC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 21, 2026=◇◇◇
2024April 15, 2025=◇◇◇
2023April 16, 2024=◇◇◇
2022April 18, 2023=◇◇◇
2021April 19, 2022=◇◇◇
2020April 20, 2021=◇◇◇
2019April 21, 2020=◇◇◇
2017April 17, 2018=◇◇◇
2016April 18, 2017=◇◇◇
2015April 19, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- David Zalman (Senior Chairman of the Board and Chief Executive Officer), FY2025 total compensation $3,434,273 (base salary $1,120,187) [exec_comp, SEC accession 0001193125-26-107142, filed 2026-03-16]

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What this page does not include

Everything above is a fact Prosperity Bancshares disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Prosperity Bancshares sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
275 figures on this page: 265 cited to the filing that reported them, 10 calculated from figures it prints.
265 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-171838
  2. 0001193125-26-107142
    CEO Pay Ratio · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · Director Compensation for the Fiscal Year Ended December 31, 2025 · and 3 more sections
  3. 0000950170-25-054765
  4. 0000950170-25-038322
    Summary Compensation Table
  5. 0000950170-24-045165
  6. 0000950170-24-031135
    Summary Compensation Table
  7. 0000950170-23-013515
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000950170-23-007969
    Summary Compensation Table
  9. 0001564590-22-015298
  10. 0001564590-21-020130
  11. 0001564590-20-017933
  12. 0001564590-18-008448
  13. 0001564590-17-006818
  14. 0001437749-16-029763
  15. 0000950170-24-115083
    EX-10.3
  16. 0001564590-21-012573
    EX-10.7
Cite this data
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Velarion, “Prosperity Bancshares executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PB (accessed 2026).
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16 filings cited on this page
Method: intel.velarion.ai/methodology
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Prosperity Bancshares discloses

The companies named in PB's own disclosed peer group.

Associated Banc-CorpBanc of CaliforniaBank OZKBankUnited, Inc.BOK Financial CorporationCadence BankColumbia Banking System, Inc.Commerce Bancshares, IncCullen Frost Bankers, Inc.East West Bancorp, Inc.F.N.B. CorporationFirst Interstate BancSystem, Inc.Fulton Financial CorporationGlacier Bancorp, Inc.Hancock Whitney CorporationOld National BancorpPinnacle Financial Partners, Inc.SouthState CorporationSynovus Financial Corp.Texas Capital Bancshares, Inc.UMB Financial CorporationUnited Bankshares, Inc.United Community Banks, Inc.Valley National Bancorp

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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