Form 4: Cullen/Frost Executive Reports Stock Transactions

Cullen/Frost Bankers' GEVP and Chief Risk Officer, Carol Jean Severyn, reported the acquisition of 1,681 shares from performance units and the sale of 700 shares.

Summary

• Carol Jean Severyn, GEVP and Chief Risk Officer of Cullen/Frost Bankers, Inc. (CFR), reported transactions involving the company's common stock.
• On February 5, 2026, Severyn acquired 1,681 shares of common stock at a price of $0, representing shares earned from performance stock units (PSUs).
• These PSUs were granted on October 25, 2022, for a three-year performance period ending December 31, 2025, and approved by the Compensation & Benefits Committee on February 5, 2026.
• Also on February 5, 2026, Severyn disposed of 700 shares of common stock at a price of $143.6 per share.
• Following these transactions, Severyn directly beneficially owns 13,549 shares of common stock.
• Additionally, Severyn indirectly beneficially owns 9,224.672 shares through a 401(k) Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive. While there was a sale of shares, the larger acquisition from performance unit vesting indicates successful achievement of executive compensation targets and a net increase in the executive's direct holdings.

Positives

• The acquisition of 1,681 shares from performance stock units indicates the achievement of performance targets set by the company's Compensation & Benefits Committee.
• The net effect of the reported transactions is an increase in direct beneficial ownership by 981 shares (1,681 acquired 700 disposed).

Negatives

• The disposition of 700 shares by a key executive could be perceived as a slight negative, although it is a common practice for tax planning following the vesting of equity awards.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider transaction reports, such as Form 4 filings, are routine disclosures for executives and directors of publicly traded companies. These filings provide transparency into changes in beneficial ownership, often related to compensation events like stock option exercises or performance unit vestings, and personal financial management.

Stakeholder Impact

• Shareholders: Provides transparency into executive stock ownership changes, which can offer insights into management's alignment with shareholder interests, though the impact of this specific transaction is minor.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Keywords

Cullen/Frost Bankers, CFR, Insider Trading, Form 4, Stock Transaction, Performance Stock Units, Executive Compensation, Share Sale, Beneficial Ownership