Paul Bracher - 31 Jan 2025 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Paul Bracher, by Kirsten Irwin under POA
Issuer symbol
CFR
Transactions as of
31 Jan 2025
Net transactions value
-$854,910
Form type
4
Filing time
03 Feb 2025, 13:02:13 UTC
Previous filing
31 Oct 2024
Next filing
07 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFR Common Stock, $0.01 par value Options Exercise $748,765 +11,500 +11% $65.11 114,446 31 Jan 2025 Direct F1
transaction CFR Common Stock, $0.01 par value Sale $1,603,675 -11,500 -10% $139.45 102,946 31 Jan 2025 Direct
holding CFR Common Stock, $0.01 par value 48,851 31 Jan 2025 Through 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CFR Employee Stock Option (right to buy) Options Exercise $0 -11,500 -100% $0.000000 0 31 Jan 2025 Common Stock, $0.01 par value 11,500 $65.11 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 320 shares transferred from Thrift Stock Plan.