Dan Geddes - 25 Oct 2025 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP & Chief Financial Officer
Signature
/s/ Dan Geddes by Kirsten Irwin under POA
Issuer symbol
CFR
Transactions as of
25 Oct 2025
Net transactions value
-$31,839
Form type
4
Filing time
27 Oct 2025, 12:38:20 UTC
Previous filing
02 Jan 2025
Next filing
30 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Geddes Dan GEVP & Chief Financial Officer 111 W. HOUSTON ST, SAN ANTONIO /s/ Dan Geddes by Kirsten Irwin under POA 27 Oct 2025 0002049881

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 +1,049 +44% $0.000000 3,413 25 Oct 2025 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $31,839 -255 -7.5% $124.86 3,158 25 Oct 2025 Direct
holding CFR Common Stock, $0.01 par value 7,703 25 Oct 2025 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 -1,049 -100% $0.000000 0 25 Oct 2025 Common Stock, $0.01 par value 1,049 Direct F1, F2
* 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 10/25/2022.