Howard L. Kasanoff - 26 Oct 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
Issuer symbol
CFR
Transactions as of
26 Oct 2024
Net transactions value
-$106,396
Form type
4
Filing time
28 Oct 2024, 18:21:49 UTC
Previous filing
01 Aug 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 +997 +62% $0.000000 2,595 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $49,949 -392 -15% $127.42 2,203 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +1,128 +51% $0.000000 3,331 27 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $56,447 -443 -13% $127.42 2,888 27 Oct 2024 Direct
holding CFR Common Stock, $0.01 par value 3,286 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 -997 -100% $0.000000 0 26 Oct 2024 Common Stock 997 Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -1,128 -100% $0.000000 0 27 Oct 2024 Common Stock 1,128 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.