Matthew Bradley Henson - Jan 1, 2025 Form 3 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Matthew Bradley Henson , by Kirsten Irwin under POA
Stock symbol
CFR
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
3
Date filed
1/6/2025, 04:40 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CFR Depositary Share 3.68K Jan 1, 2025 Direct F1
holding CFR Common Stock, $0.01 par value 6.07K Jan 1, 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
holding CFR Restricted Stock Units Jan 1, 2025 Common Stock, $0.01 par value 419 Direct F2, F3
holding CFR Restricted Stock Units Jan 1, 2025 Common Stock, $0.01 par value 707 Direct F3, F4
holding CFR Restricted Stock Units Jan 1, 2025 Common Stock, $0.01 par value 655 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each depositary shares represents 1/40th interest in a share of our 4.450% Non-Cumulative Perpetual Preferred Stock Series B
F2 Cliff vests on the third anniversary of the grant date of 10-25-2022.
F3 Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
F4 Cliff vests on the third anniversary of the grant date of 10-24-2023.
F5 Cliff vests on the third anniversary of the grant date of 10-29-2024.