Candace K. Wolfshohl - 26 Oct 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP Culture/PeopleDevelopment
Signature
/s/ Susan Murr by POA from Candace Wolfshohl
Issuer symbol
CFR
Transactions as of
26 Oct 2024
Net transactions value
-$173,801
Form type
4
Filing time
28 Oct 2024, 18:10:55 UTC
Previous filing
30 Jul 2024
Next filing
31 Oct 2024
SEC
View on sec.gov

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 +1,335 +7.1% $0.000000 20,088 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $66,386 -521 -2.6% $127.42 19,567 26 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +2,143 +11% $0.000000 21,710 27 Oct 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $107,415 -843 -3.9% $127.42 20,867 27 Oct 2024 Direct
holding CFR Common Stock, $0.01 par value 18,963 26 Oct 2024 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 -1,335 -100% $0.000000 0 26 Oct 2024 Common Stock 1,335 Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -2,143 -100% $0.000000 0 27 Oct 2024 Common Stock 2,143 Direct F1, F3
* 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 10-26-2021.
F3 Cliff vested four years from grant date of 10-27-2020.