Phillip D. Green - 26 Oct 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Chairman and CEO, Director
Signature
/s/ Susan Murr by POA from Phillip D. Green
Issuer symbol
CFR
Transactions as of
26 Oct 2024
Net transactions value
-$1,405,825
Form type
4
Filing time
28 Oct 2024, 18:24:18 UTC
Previous filing
30 May 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 +11,125 +13% $0.000000 98,389 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $557,717 -4,377 -4.4% $127.42 94,012 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +16,917 +18% $0.000000 110,929 27 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $848,108 -6,656 -6% $127.42 104,273 27 Oct 2024 Direct
holding CFR Common Stock, $0.01 par value 1,100 26 Oct 2024 By Spouse
holding CFR Common Stock, $0.01 par value 38,865 26 Oct 2024 Trusts for children
holding CFR Common Stock, $0.01 par value 359 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 -11,125 -100% $0.000000 0 26 Oct 2024 Common Stock 11,125 Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -16,917 -100% $0.000000 0 27 Oct 2024 Common Stock 16,917 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.