Form 4: Samuel G. Dawson Reports Acquisition of Deferred Stock Units in Cullen/Frost Bankers, Inc.

Director Samuel G. Dawson acquired 727 deferred stock units in Cullen/Frost Bankers, Inc. on April 24, 2024, which will be settled upon separation from service.

Summary

• On April 24, 2024, Samuel G. Dawson, a director of Cullen/Frost Bankers, Inc., acquired 727 deferred stock units.
• These deferred stock units represent the right to receive one share of Cullen/Frost Bankers, Inc. common stock each.
• The deferred stock units vested on April 24, 2024, and will be delivered to Dawson upon separation from service.
• Following the transaction, Dawson directly owns 5,191 deferred stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects an insider's continued investment in the company, suggesting confidence. However, it's a routine transaction.

Positives

• The acquisition of deferred stock units indicates continued alignment of the director's interests with the long-term performance of Cullen/Frost Bankers, Inc.

Future Outlook

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

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's securities.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence.

Key Dates