PATRICK B. FROST - 16 May 2023 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Patrick B. Frost, by Susan Murr under POA
Issuer symbol
CFR
Transactions as of
16 May 2023
Transactions value $
$0
Form type
4
Filing time
18 May 2023, 15:42:34 UTC
Previous filing
09 Mar 2023
Next filing
23 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFR Common Stock, $0.01 par value Will/Inheritance $0 -92,321 -42% $0 128,356 16 May 2023 Through Trust [Marital Trust-B] F1
transaction CFR Common Stock, $0.01 par value Will/Inheritance $0 +30,774 $0 30,773 16 May 2023 Through Trust [Family Trust-B fbo Thomas C. Frost III] F2
transaction CFR Common Stock, $0.01 par value Will/Inheritance $0 +30,774 $0 30,773 16 May 2023 Through Trust [Family Trust-B fbo Donald B. Frost] F2
transaction CFR Common Stock, $0.01 par value Will/Inheritance $0 +30,774 $0 30,773 16 May 2023 Through Trust [Family Trust-B fbo William H. Frost] F2
transaction CFR Common Stock, $0.01 par value Gift $0 -66,010 -72% $0 25,045 16 May 2023 Through Trust [Legacy Trust] F1
transaction CFR Common Stock, $0.01 par value Gift $0 +22,003 $0 22,003 16 May 2023 Through Trust [Legacy Trust fbo Thomas C. Frost III] F2
transaction CFR Common Stock, $0.01 par value Gift $0 +22,003 $0 22,003 16 May 2023 Through Trust [Legacy Trust fbo Donald B. Frost] F2
transaction CFR Common Stock, $0.01 par value Gift $0 +22,003 $0 22,003 16 May 2023 Through Trust [Legacy Trust fbo William H. Frost F2
transaction CFR Common Stock, $0.01 par value Gift $0 -25,045 -100% $0* 0 17 May 2023 Through Trust [Legacy Trust] F1
transaction CFR Common Stock, $0.01 par value Gift $0 +8,348 +38% $0 30,351 17 May 2023 Through Trust [Legacy Trust fbo Thomas C. Frost III] F2
transaction CFR Common Stock, $0.01 par value Gift $0 +8,349 +38% $0 30,352 17 May 2023 Through Trust [Legacy Trust fbo Donald B. Frost] F2
transaction CFR Common Stock, $0.01 par value Gift $0 +8,348 +38% $0 30,351 17 May 2023 Through Trust [Legacy Trust fbo William H. Frost F2
holding CFR Common Stock, $0.01 par value 209,483 16 May 2023 Direct
holding CFR Common Stock, $0.01 par value 10,612 16 May 2023 Through Trust F3
holding CFR Common Stock, $0.01 par value 16,870 16 May 2023 Through Estate F4
holding CFR Common Stock, $0.01 par value 46,555 16 May 2023 Through Trust F3
holding CFR Common Stock, $0.01 par value 630 16 May 2023 By Spouse F5
holding CFR Common Stock, $0.01 par value 2,700 16 May 2023 Through Trust F6
holding CFR Common Stock, $0.01 par value 1,486 16 May 2023 Through Limited Liability Company F7
holding CFR Common Stock, $0.01 par value 43,035 16 May 2023 Through 401(k) Plan
holding CFR Common Stock, $0.01 par value 30,773 16 May 2023 Through Trust [Family Trust-B fbo Patrick B. Frost] F8
holding CFR Common Stock, $0.01 par value 30,351 16 May 2023 Through Trust [Legacy Trust fbo Patrick B. Frost] F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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
F3 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.
F4 Reflects shares of Common Stock held through an estate of which Mr. Frost is the executor and a beneficiary. Mr. Frost disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
F5 Mr. Frost disclaims beneficial ownership of these shares.
F6 Reflects shares of Common Stock held by separate trusts of which Mr. Frost is the sole trustee and Mr. Frost's children are beneficiaries. Mr. Frost disclaims beneficial ownership of these shares.
F7 Reflects shares of Common Stock held through a limited liability company of which Mr. Frost is the manager.
F8 Reflects shares of Common Stock held through a trust of which Mr. Frost is the sole trustee and beneficiary.