Howard L. Kasanoff - Oct 26, 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP Chief Credit Officer
Signature
/s/ Susan Murr by POA from Howard L. Kasanoff
Stock symbol
CFR
Transactions as of
Oct 26, 2024
Transactions value $
-$106,396
Form type
4
Date filed
10/28/2024, 06:21 PM
Previous filing
Aug 1, 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 +997 +62.39% $0.00 2.6K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$49.9K -392 -15.11% $127.42 2.2K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +1.13K +51.2% $0.00 3.33K Oct 27, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$56.4K -443 -13.3% $127.42 2.89K Oct 27, 2024 Direct
holding CFR Common Stock, $0.01 par value 3.29K 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 -997 -100% $0.00 0 Oct 26, 2024 Common Stock 997 Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -1.13K -100% $0.00 0 Oct 27, 2024 Common Stock 1.13K 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.