PHILLIP D. GREEN - 05 Feb 2026 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Phillip D. Green, by Kirsten Irwin under POA
Issuer symbol
CFR
Transactions as of
05 Feb 2026
Net transactions value
-$517,104
Form type
4
Filing time
09 Feb 2026, 10:23:10 UTC
Previous filing
05 Dec 2025
Next filing
11 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GREEN PHILLIP D Chairman and CEO, Director 111 WEST HOUSTON STREET, SAN ANTONIO /s/ Phillip D. Green, by Kirsten Irwin under POA 09 Feb 2026 0001128404

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFR Common Stock, $0.01 par value Award $0 +9,124 +8.6% $0.000000 115,392 05 Feb 2026 Direct F1, F2
transaction CFR Common Stock, $0.01 par value Disposed to Issuer $517,104 -3,601 -3.1% $143.60 111,791 05 Feb 2026 Direct
holding CFR Common Stock, $0.01 par value 38,865 05 Feb 2026 Trusts for children F3
holding CFR Common Stock, $0.01 par value 1,100 05 Feb 2026 By Spouse
holding CFR Common Stock, $0.01 par value 373 05 Feb 2026 Through 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned for the performance stock units granted on October 25, 2022 for the three-year performance period ending December 31, 2025 as approved by the Compensation & Benefits Committee of the Board of Directors on February 5, 2026.
F2 Includes 972 shares acquired through the Cullen/Frost Bankers, Inc. Thrift Stock Plan.
F3 Some of Mr. Green's children are beneficiaries of trusts of which Mr. Green is a trustee.