Form 4: Cullen/Frost Bankers Executive Candace K. Wolfshohl Reports Stock Transactions

Candace K. Wolfshohl, a GEVP at Cullen/Frost Bankers, reports acquiring and disposing of company stock on February 6, 2025, according to a Form 4 filing.

Summary

• On February 6, 2025, Candace K. Wolfshohl, a GEVP at Cullen/Frost Bankers, acquired 2,150 shares of common stock at $0.00 per share.
• These shares were earned from 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.
• On the same day, Wolfshohl disposed of 892 shares at a price of $141.08 per share.
• Following these transactions, Wolfshohl directly owns 22,159 shares and indirectly owns 19,094 shares through a 401(k) plan.
• The filing also notes that 34 shares were transferred from the Thrift Stock Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents routine stock transactions. The acquisition of shares due to performance metrics being met is slightly positive, while the disposal is slightly negative, balancing out overall.

Positives

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

Negatives

• The disposal of 892 shares could be interpreted negatively, although it may be part of a personal financial strategy.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on market sentiment.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the executive's actions.

Key Dates

Keywords

Cullen/Frost Bankers, Candace K. Wolfshohl, Form 4, Stock Transaction, Beneficial Ownership, Performance Stock Units, GEVP