Coolidge E. Rhodes - Oct 26, 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.
Stock symbol
CFR
Transactions as of
Oct 26, 2024
Transactions value $
-$50,458
Form type
4
Date filed
10/28/2024, 06:19 PM
Previous filing
Oct 26, 2023
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 +1.63K +346.81% $0.00 2.1K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$50.5K -396 -18.86% $127.42 1.7K Oct 26, 2024 Direct
holding CFR Common Stock, $0.01 par value 539 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 -1.63K -100% $0.00 0 Oct 26, 2024 Common Stock 1.63K 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.