Form 4: Director Chris Avery Acquires Deferred Stock Units in Cullen/Frost Bankers, Inc.

Chris Avery, a director of Cullen/Frost Bankers, Inc., acquired 730 deferred stock units on April 30, 2025, which will convert to common stock upon separation from service.

Summary

• On April 30, 2025, Chris Avery, a director of Cullen/Frost Bankers, Inc., acquired 730 deferred stock units.
• Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock.
• The deferred stock units vested on April 30, 2025.
• The shares will be delivered to Chris Avery upon separation from service with Cullen/Frost Bankers, Inc.
• Following the transaction, Chris Avery directly owns 6,553 shares of Cullen/Frost Bankers, Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-governed company. The sentiment is neutral to slightly positive.

Future Outlook

The reporting person will receive shares of Cullen/Frost Bankers, Inc. common stock upon separation from service.

Industry Context

This filing reflects routine equity-based compensation for a director, aligning their interests with shareholders.

Stakeholder Impact

• The transaction aligns the director's interests with those of shareholders.

Key Dates

Keywords

Cullen/Frost Bankers, Director, Chris Avery, Deferred Stock Units, Form 4, Beneficial Ownership, Equity Securities