Form 4: Cullen/Frost Bankers Officer Reports Stock Transactions

Cullen/Frost Bankers' GEVP Chief Consumer Banking, Jimmy Stead, reported the acquisition of 2,155 shares from performance units and the disposition of 885 shares.

Summary

• Jimmy Stead, GEVP Chief Consumer Banking at Cullen/Frost Bankers, Inc. (CFR), reported transactions involving the company's common stock.
• On February 5, 2026, Stead acquired 2,155 shares of common stock at a price of $0.
• These acquired shares represent performance stock units granted on October 25, 2022, for a three-year performance period ending December 31, 2025, as approved by the Compensation & Benefits Committee on February 5, 2026.
• On the same date, February 5, 2026, Stead disposed of 885 shares of common stock at a price of $143.6 per share.
• Following these transactions, Stead directly beneficially owns 18,196 shares of common stock.
• Additionally, Stead indirectly beneficially owns 3,954.828 shares through a 401(k) Plan.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a largely neutral event, reflecting routine equity compensation vesting and personal financial management by an executive, with a slight positive tilt from the performance unit vesting.

Positives

• Acquisition of 2,155 shares of common stock at $0, indicating successful vesting of performance-based awards.
• The shares were earned for a three-year performance period, suggesting achievement of prior corporate goals.

Negatives

• Disposition of 885 shares of common stock at $143.6 per share.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those under a Rule 10b5-1 plan, are common for executives managing their equity compensation and personal finances. While the disposition of shares might be viewed as a reduction in direct exposure, the acquisition through performance units reflects the executive's continued alignment with company performance.

Stakeholder Impact

• Shareholders: Provides transparency into executive stock ownership and compensation. The disposition could be seen as a minor signal, but the acquisition from performance units indicates continued alignment.

Key Dates

Keywords

Cullen/Frost Bankers, CFR, Jimmy Stead, Insider Trading, Form 4, Stock Transaction, Performance Stock Units, Equity Compensation, Officer Stock, Banking Sector