Phillip D. Green - Feb 6, 2025 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Phillip D. Green, by Kirsten Irwin under POA
Stock symbol
CFR
Transactions as of
Feb 6, 2025
Transactions value $
-$997,436
Form type
4
Date filed
2/7/2025, 03:05 PM
Previous filing
Nov 21, 2024
Next filing
Feb 11, 2025

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 +17.9K +19.1% $0.00 112K Feb 6, 2025 Direct F1, F2
transaction CFR Common Stock, $0.01 par value Disposed to Issuer -$997K -7.07K -6.33% $141.08 105K Feb 6, 2025 Direct
holding CFR Common Stock, $0.01 par value 361 Feb 6, 2025 Through 401(k) Plan
holding CFR Common Stock, $0.01 par value 38.9K Feb 6, 2025 Trusts for children F3
holding CFR Common Stock, $0.01 par value 1.1K Feb 6, 2025 By Spouse
* 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 (PSUs) granted on October 26, 2021 for the three-year performance period ending December 31, 2024 as approved by the Compensation & Benefits Committee of the Board of Directors on February 6, 2025.
F2 Includes 866 shares transferred from the Thrift Stock Plan.
F3 Some of Mr. Green's children are beneficiaries of trusts of which Mr. Green is a trustee.