Phillip D. Green - 06 Feb 2025 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Phillip D. Green, by Kirsten Irwin under POA
Issuer symbol
CFR
Transactions as of
06 Feb 2025
Net transactions value
-$997,436
Form type
4
Filing time
07 Feb 2025, 15:05:49 UTC
Previous filing
21 Nov 2024
Next filing
11 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 Award $0 +17,907 +19% $0.000000 111,638 06 Feb 2025 Direct F1, F2
transaction CFR Common Stock, $0.01 par value Disposed to Issuer $997,436 -7,070 -6.3% $141.08 104,568 06 Feb 2025 Direct
holding CFR Common Stock, $0.01 par value 361 06 Feb 2025 Through 401(k) Plan
holding CFR Common Stock, $0.01 par value 38,865 06 Feb 2025 Trusts for children F3
holding CFR Common Stock, $0.01 par value 1,100 06 Feb 2025 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned for the performance stock units (PSUs) granted on October 26, 2021 for the three-year performance period ending December 31, 2024 as approved by the Compensation & Benefits Committee of the Board of Directors on February 6, 2025.
F2 Includes 866 shares transferred from the Thrift Stock Plan.
F3 Some of Mr. Green's children are beneficiaries of trusts of which Mr. Green is a trustee.