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

Signature
/s/ Susan Murr by POA from Bobby Berman
Issuer symbol
CFR
Transactions as of
05 Mar 2024
Net transactions value
-$96,583
Form type
4
Filing time
07 Mar 2024, 13:02:16 UTC
Previous filing
30 Oct 2023
Next filing
15 Mar 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 +2,159 +7.8% $0.000000 29,974 05 Mar 2024 Direct F1
transaction CFR Common Stock, $0.01 par value Disposed to Issuer $96,583 -847 -2.8% $114.03 29,127 05 Mar 2024 Direct F2
holding CFR Common Stock, $0.01 par value 17,301 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 146 shares transferred from Thrift Stock Plan.