Form 4: Cullen/Frost Bankers Executive Alonzo Reports Stock Transactions

Annette M. Alonzo, GEVP Chief HR Officer at Cullen/Frost Bankers, reports acquisition of 2,439 shares and disposal of 1,009 shares of common stock.

Summary

• Annette M. Alonzo, a GEVP Chief HR Officer at Cullen/Frost Bankers, filed a Form 4 on February 7, 2025.
• On February 6, 2025, Alonzo acquired 2,439 shares of common stock at $0 due to performance stock units earned.
• On the same day, she disposed of 1,009 shares at $141.08 per share.
• Following these transactions, Alonzo directly owns 17,840 shares and indirectly owns 14,878 shares through a 401(k) plan.
• The acquisition of shares was related to performance stock units granted on October 26, 2021, for the three-year performance period ending December 31, 2024, as approved by the Compensation & Benefits Committee on February 6, 2025.
• 112 shares were transferred from the Thrift Stock Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment. The filing reflects routine transactions related to executive compensation and does not necessarily indicate a positive or negative outlook for the company.

Positives

• The acquisition of shares indicates that performance targets were met, as the shares were earned for performance stock units.

Negatives

• The disposal of 1,009 shares could be interpreted negatively, although it may be for personal financial management.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders' perception of the company, depending on how they interpret the insider's actions.

Key Dates