Patrick B. Frost - 05 Mar 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Reporting relationship: Director
Issuer ticker: CFR
Reported as of: 05 Mar 2024
Net transaction value: -$135,924
SEC form: 4
Accepted by SEC: 07 Mar 2024, 12:38:57 UTC
Prior SEC filing: 30 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Susan Murr by POA from Patrick B. Frost

Key filing fact

Patrick B. Frost filed Form 4 for CULLEN/FROST BANKERS, INC. (CFR) on 07 Mar 2024.

Key facts

This page summarizes Patrick B. Frost's Form 4 filing for CULLEN/FROST BANKERS, INC. (CFR).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 07 Mar 2024, 12:38.

Change

Previous filing in this sequence was filed on 30 Oct 2023.
Current net transaction value: -$135,924.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CFR transaction

Common Stock, $0.01 par value

Award

Transaction value: $0
Shares: +3,109
Change %: +1.2%
Price: $0.000000
Shares after: 255,837
Date: 05 Mar 2024
Ownership: Direct
Footnotes: F1

CFR transaction

Common Stock, $0.01 par value

Disposed to Issuer

Transaction value: $135,924
Shares: -1,192
Change %: -0.47%
Price: $114.03
Shares after: 254,645
Date: 05 Mar 2024
Ownership: Direct
Footnotes: F2

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,261
Date: 05 Mar 2024
Ownership: Through Trust (Marital Trust B)
Footnotes: F3

CFR holding

Common Stock, $0.01 par value30773.70

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,774
Date: 05 Mar 2024
Ownership: Through Trust (Family Trust B)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,774
Date: 05 Mar 2024
Ownership: Through Trust (Family Trust B fbo Pat B. Frost)
Footnotes: F5

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,774
Date: 05 Mar 2024
Ownership: Through Trust (Family Trust B fbo Tom C. Frost III)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,774
Date: 05 Mar 2024
Ownership: Through Trust (Family Trust B fbo Donald B. Frost)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,774
Date: 05 Mar 2024
Ownership: Through Trust (Family Trust B. fbo William H. Frost)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 25,045
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust)
Footnotes: F3

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 22,003
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo Tom Frost III)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 22,003
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo Donald B. Frost)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 22,003
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo William H. Frost
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,351
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo Pat B. Frost)
Footnotes: F5

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,351
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo Tom C. Frost III)
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,352
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo Donald B. Frost )
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,351
Date: 05 Mar 2024
Ownership: Through Trust (Legacy Trust fbo William H. Frost )
Footnotes: F4

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,612
Date: 05 Mar 2024
Ownership: Through Trust
Footnotes: F6

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 16,871
Date: 05 Mar 2024
Ownership: Through Estate
Footnotes: F7

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 46,556
Date: 05 Mar 2024
Ownership: Through Trust
Footnotes: F6

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 630
Date: 05 Mar 2024
Ownership: By Spouse
Footnotes: F8

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,700
Date: 05 Mar 2024
Ownership: Through Trust
Footnotes: F9

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,486
Date: 05 Mar 2024
Ownership: Through Limited Liability Company
Footnotes: F10

CFR holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 477
Date: 05 Mar 2024
Ownership: Through 401(k) Plan

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

Represents shares earned for the performance stock units (PSUs) granted in 2020 for the three-year performance period ending December 31, 2023 as approved by the Compensation & Benefits Committee of the Board of Directors on March 5, 2024.

Footnote F2

Includes 304 shares transferred from Thrift Stock Plan.

Footnote F3

Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and Mr. Frost and his siblings are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Footnote F4

Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and one of his siblings is the sole beneficiary. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest

Footnote F5

Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and beneficiary.

Footnote F6

Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and Mr. Frost and his children are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Footnote F7

Reflects shares of Common Stock held through an estate of which Mr. Frost is the executor and beneficiary. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Footnote F8

Mr. Frost disclaims beneficial ownership of these shares.

Footnote F9

Reflects shares of Common Stock held by separate trusts of which Frost Bank is the sole trustee and Mr. Frost's children are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares.

Footnote F10

Reflects shares of Common Stock held through a limited liability company of which Mr. Frost is the manager.

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