Form 4: Cullen/Frost Bankers Director Acquires Deferred Stock Units

Charles W. Matthews, a director of Cullen/Frost Bankers, Inc., acquired 730 deferred stock units on April 30, 2025, which will convert to common stock upon separation from service.

Summary

• On April 30, 2025, Charles W. Matthews, a director of Cullen/Frost Bankers, Inc., acquired 730 deferred stock units.
• These units represent the right to receive one share of Cullen/Frost Bankers, Inc. common stock each.
• The deferred stock units vested immediately on April 30, 2025.
• The shares will be delivered to Matthews upon separation from service with Cullen/Frost Bankers, Inc.
• Following the transaction, Matthews beneficially owns 9,133 shares of common stock.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The acquisition of stock units by a director is generally viewed as a positive sign, but the document itself is simply a disclosure of the transaction.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The shares related to the deferred stock units will be delivered to the reporting person upon separation from service with Cullen/Frost Bankers, Inc.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Cullen/Frost Bankers, Director, Deferred Stock Units, Form 4, Beneficial Ownership, Securities