Coolidge E. Rhodes Jr. - 26 Oct 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Group EVP General Counsel/Sec
Signature
/s/ Susan Murr by POA from Coolidge E. Rhodes, Jr.
Issuer symbol
CFR
Transactions as of
26 Oct 2024
Net transactions value
-$50,458
Form type
4
Filing time
28 Oct 2024, 18:19:09 UTC
Previous filing
26 Oct 2023
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 +1,630 +347% $0.000000 2,100 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $50,458 -396 -19% $127.42 1,704 26 Oct 2024 Direct
holding CFR Common Stock, $0.01 par value 539 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 -1,630 -100% $0.000000 0 26 Oct 2024 Common Stock 1,630 Direct F1, F2
* 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.