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

Role
GEVP Chief Consumer Banking
Signature
/s/ Susan Murr by POA from Jimmy Stead
Issuer symbol
CFR
Transactions as of
26 Oct 2024
Net transactions value
-$218,780
Form type
4
Filing time
28 Oct 2024, 18:14:51 UTC
Previous filing
07 Mar 2024
Next filing
31 Oct 2024
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 Options Exercise $0 +2,302 +23% $0.000000 12,173 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $115,188 -904 -7.4% $127.42 11,269 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +2,068 +18% $0.000000 13,337 27 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $103,592 -813 -6.1% $127.42 12,524 27 Oct 2024 Direct
holding CFR Common Stock, $0.01 par value 3,612 26 Oct 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 -2,302 -100% $0.000000 0 26 Oct 2024 Common Stock 2,302 Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -2,068 -100% $0.000000 0 27 Oct 2024 Common Stock 2,068 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.