Form 4: Cullen/Frost Bankers CEO Phillip D. Green Reports Stock Gift
SEC Form 4 Filing
Phillip D. Green, Chairman and CEO of Cullen/Frost Bankers, reports a gift of 3,281 shares of common stock.
Summary
- Phillip D. Green, Chairman and CEO of Cullen/Frost Bankers, filed a Form 4 with the SEC.
- The filing reports a transaction on March 12, 2024, where Mr. Green gifted 3,281 shares of Cullen/Frost Bankers common stock.
- Following the transaction, Mr. Green directly owns 111,824 shares.
- He also indirectly owns 1,100 shares through his spouse, 29,600 shares through trusts for his children, and 350 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock gift, which is a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of stock gift transaction |
| 03/13/2024 | Date of signature on the Form 4 filing |
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