Form 4: Cullen/Frost Bankers Executive Carol Jean Severyn Reports Stock Transactions

Carol Jean Severyn, GEVP and Chief Risk Officer of Cullen/Frost Bankers, reports acquisition of shares through performance stock units and disposition of shares.

Summary

• On March 5, 2024, Carol Jean Severyn, GEVP and Chief Risk Officer of Cullen/Frost Bankers, acquired 2,159 shares of common stock at $0.00 per share related to performance stock units.
• On the same day, she disposed of 849 shares of common stock at $114.03 per share.
• Following these transactions, Ms. Severyn directly owns 8,253 shares and indirectly owns 9,031 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports stock transactions. The acquisition of shares through PSUs is mildly positive, while the sale is mildly negative, balancing out overall.

Positives

• The acquisition of shares through performance stock units suggests that the company met certain performance goals.

Negatives

• The sale of 849 shares could be interpreted negatively, although it may be for personal financial management.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock transactions of company insiders can influence investor sentiment and potentially impact the stock price.

Key Dates