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

Signature
/s/ Susan Murr by POA from Jerry Salinas
Issuer symbol
CFR
Transactions as of
05 Mar 2024
Net transactions value
-$187,921
Form type
4
Filing time
07 Mar 2024, 12:48:47 UTC
Previous filing
30 Oct 2023
Next filing
28 Oct 2024

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 +4,189 +13% $0.000000 37,661 05 Mar 2024 Direct F1
transaction CFR Common Stock, $0.01 par value Disposed to Issuer $187,921 -1,648 -4.4% $114.03 36,013 05 Mar 2024 Direct F2
holding CFR Common Stock, $0.01 par value 26,207 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 364 shares transferred from Thrift Stock Plan.