PATRICK B. FROST - 05 Mar 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Director
Signature
/s/ Susan Murr by POA from Patrick B. Frost
Issuer symbol
CFR
Transactions as of
05 Mar 2024
Net transactions value
-$135,924
Form type
4
Filing time
07 Mar 2024, 12:38:57 UTC
Previous filing
30 Oct 2023
SEC
View on sec.gov

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 +3,109 +1.2% $0.000000 255,837 05 Mar 2024 Direct F1
transaction CFR Common Stock, $0.01 par value Disposed to Issuer $135,924 -1,192 -0.47% $114.03 254,645 05 Mar 2024 Direct F2
holding CFR Common Stock, $0.01 par value 5,261 05 Mar 2024 Through Trust (Marital Trust B) F3
holding CFR Common Stock, $0.01 par value30773.70 30,774 05 Mar 2024 Through Trust (Family Trust B) F4
holding CFR Common Stock, $0.01 par value 30,774 05 Mar 2024 Through Trust (Family Trust B fbo Pat B. Frost) F5
holding CFR Common Stock, $0.01 par value 30,774 05 Mar 2024 Through Trust (Family Trust B fbo Tom C. Frost III) F4
holding CFR Common Stock, $0.01 par value 30,774 05 Mar 2024 Through Trust (Family Trust B fbo Donald B. Frost) F4
holding CFR Common Stock, $0.01 par value 30,774 05 Mar 2024 Through Trust (Family Trust B. fbo William H. Frost) F4
holding CFR Common Stock, $0.01 par value 25,045 05 Mar 2024 Through Trust (Legacy Trust) F3
holding CFR Common Stock, $0.01 par value 22,003 05 Mar 2024 Through Trust (Legacy Trust fbo Tom Frost III) F4
holding CFR Common Stock, $0.01 par value 22,003 05 Mar 2024 Through Trust (Legacy Trust fbo Donald B. Frost) F4
holding CFR Common Stock, $0.01 par value 22,003 05 Mar 2024 Through Trust (Legacy Trust fbo William H. Frost F4
holding CFR Common Stock, $0.01 par value 30,351 05 Mar 2024 Through Trust (Legacy Trust fbo Pat B. Frost) F5
holding CFR Common Stock, $0.01 par value 30,351 05 Mar 2024 Through Trust (Legacy Trust fbo Tom C. Frost III) F4
holding CFR Common Stock, $0.01 par value 30,352 05 Mar 2024 Through Trust (Legacy Trust fbo Donald B. Frost ) F4
holding CFR Common Stock, $0.01 par value 30,351 05 Mar 2024 Through Trust (Legacy Trust fbo William H. Frost ) F4
holding CFR Common Stock, $0.01 par value 10,612 05 Mar 2024 Through Trust F6
holding CFR Common Stock, $0.01 par value 16,871 05 Mar 2024 Through Estate F7
holding CFR Common Stock, $0.01 par value 46,556 05 Mar 2024 Through Trust F6
holding CFR Common Stock, $0.01 par value 630 05 Mar 2024 By Spouse F8
holding CFR Common Stock, $0.01 par value 2,700 05 Mar 2024 Through Trust F9
holding CFR Common Stock, $0.01 par value 1,486 05 Mar 2024 Through Limited Liability Company F10
holding CFR Common Stock, $0.01 par value 477 05 Mar 2024 Through 401(k) Plan
* 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 in 2020 for the three-year performance period ending December 31, 2023 as approved by the Compensation & Benefits Committee of the Board of Directors on March 5, 2024.
F2 Includes 304 shares transferred from Thrift Stock Plan.
F3 Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and Mr. Frost and his siblings are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
F4 Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and one of his siblings is the sole beneficiary. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest
F5 Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and beneficiary.
F6 Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and Mr. Frost and his children are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
F7 Reflects shares of Common Stock held through an estate of which Mr. Frost is the executor and beneficiary. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
F8 Mr. Frost disclaims beneficial ownership of these shares.
F9 Reflects shares of Common Stock held by separate trusts of which Frost Bank is the sole trustee and Mr. Frost's children are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares.
F10 Reflects shares of Common Stock held through a limited liability company of which Mr. Frost is the manager.