Candace Wolfshohl - Oct 26, 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP Culture/PeopleDevelopment
Signature
/s/ Susan Murr by POA from Candace Wolfshohl
Stock symbol
CFR
Transactions as of
Oct 26, 2024
Transactions value $
-$173,801
Form type
4
Date filed
10/28/2024, 06:10 PM
Previous filing
Jul 30, 2024
Next filing
Oct 31, 2024

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 $0 +1.34K +7.12% $0.00 20.1K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$66.4K -521 -2.59% $127.42 19.6K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +2.14K +10.95% $0.00 21.7K Oct 27, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$107K -843 -3.88% $127.42 20.9K Oct 27, 2024 Direct
holding CFR Common Stock, $0.01 par value 19K Oct 26, 2024 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 Restricted Stock Units Options Exercise $0 -1.34K -100% $0.00 0 Oct 26, 2024 Common Stock 1.34K Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -2.14K -100% $0.00 0 Oct 27, 2024 Common Stock 2.14K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
F2 Cliff vested three years from grant date of 10-26-2021.
F3 Cliff vested four years from grant date of 10-27-2020.