PHILLIP D. GREEN - 13 Mar 2023 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Phillip D. Green, by Susan Murr under POA
Issuer symbol
CFR
Transactions as of
13 Mar 2023
Net transactions value
+$1,012,622
Form type
4
Filing time
13 Mar 2023, 15:12:07 UTC
Previous filing
09 Mar 2023
Next filing
18 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFR Common Stock, $0.01 par value Purchase $1,012,622 +9,500 +9% $106.59 114,729 13 Mar 2023 Direct F1
holding CFR Common Stock, $0.01 par value 1,100 13 Mar 2023 By Spouse
holding CFR Common Stock, $0.01 par value 27,260 13 Mar 2023 Trusts for Children F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is based on a weighted average price. The prices actually paid range from $106.290 to $106.670. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the ranges set forth in footnote 1 to this Form 4.
F2 Some of Mr. Green's children are beneficiaries of trusts of which Mr. Green is a trustee.