Form 4: Cullen/Frost Bankers CEO Phillip D. Green Reports Stock Transaction
SEC Form 4 Filing
Phillip D. Green, Chairman and CEO of Cullen/Frost Bankers, reports the disposition of 9,850 shares of common stock on November 7, 2024.
Summary
- Phillip D. Green, Chairman and CEO of Cullen/Frost Bankers, filed a Form 4 on November 8, 2024, reporting a transaction.
- On November 7, 2024, Green disposed of 9,850 shares of Cullen/Frost Bankers common stock.
- Following the transaction, Green directly owns 94,423 shares.
- Green also indirectly owns 1,100 shares through a spouse, 38,865 shares through trusts for children, and 359 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing a stock transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of stock transaction |
| 11/08/2024 | Date Form 4 was filed |
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