Form 4: Esperanza Andrade, Cullen/Frost Bankers Director, Reports Acquisition of Deferred Stock Units

Director Esperanza Andrade reports acquisition of deferred stock units in Cullen/Frost Bankers, Inc.

Summary

• Esperanza Andrade, a director of Cullen/Frost Bankers, Inc., filed a Form 4 to report changes in beneficial ownership.
• On April 30, 2025, Andrade acquired 730 deferred stock units, each representing the right to receive one share of Cullen/Frost Bankers, Inc. common stock.
• These deferred stock units vested on April 30, 2025, and will be delivered to Andrade upon separation from service with Cullen/Frost Bankers, Inc.
• Following the reported transaction, Andrade beneficially owns 1,457 deferred stock units.
• The transaction was reported on May 1, 2025.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock unit acquisition.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

The deferred stock units will be delivered to the reporting person upon separation from service with Cullen/Frost Bankers, Inc.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders.

Stakeholder Impact

• The acquisition of deferred stock units aligns the director's interests with shareholders.

Key Dates

Keywords

Form 4, Cullen/Frost Bankers, Deferred Stock Units, Beneficial Ownership, Director, Andrade