Paul Bracher - Oct 26, 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
President of CFR
Signature
/s/ Susan Murr by POA from Paul Bracher
Stock symbol
CFR
Transactions as of
Oct 26, 2024
Transactions value $
-$303,769
Form type
4
Date filed
10/28/2024, 06:30 PM
Previous filing
Mar 7, 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 +2.38K +2.4% $0.00 101K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$119K -935 -0.92% $127.42 100K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +3.68K +3.67% $0.00 104K Oct 27, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$185K -1.45K -1.39% $127.42 103K Oct 27, 2024 Direct
holding CFR Common Stock, $0.01 par value 48.9K 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 -2.38K -100% $0.00 0 Oct 26, 2024 Common Stock 2.38K Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -3.68K -100% $0.00 0 Oct 27, 2024 Common Stock 3.68K 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.