Form 4: Cullen/Frost Bankers Director Linda B. Rutherford Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Linda B. Rutherford reports acquisition of deferred stock units in Cullen/Frost Bankers, Inc.
Summary
- On April 30, 2025, Linda B. Rutherford, 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 on April 30, 2025, and will be delivered upon separation from service.
- Following the transaction, Rutherford directly owns 2,828 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Future Outlook
Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost Bankers, Inc.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of earliest transaction and vesting of deferred stock units |
| 05/01/2025 | Date of signature on the report |
Keywords
Form 4, Cullen/Frost Bankers, Deferred Stock Units, Beneficial Ownership, Director, Rutherford, Equity Securities
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