Cullen/Frost (NYSE: CFR) director receives 630 deferred stock units as equity grant
Rhea-AI Filing Summary
Rutherford Linda B. reported acquisition or exercise transactions in this Form 4 filing.
CULLEN/FROST BANKERS, INC. director Linda B. Rutherford received a grant of 630 deferred stock units tied to common stock. Following this award, she holds 3,458 deferred stock units. Each unit equals one common share, vesting on April 29, 2026, with shares delivered upon her separation from service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rutherford Linda B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 630 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 3,458 shares (Direct)
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock.
- F2. The deferred stock units vested on April 29, 2026. Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost Bankers, Inc.
Key Figures
Deferred stock units granted: 630 units
Deferred stock units after transaction: 3,458 units
Grant price per unit: $0.00
+2 more
5 metrics
Deferred stock units granted
630 units
Grant to director on April 29, 2026
Deferred stock units after transaction
3,458 units
Total holdings following grant
Grant price per unit
$0.00
Compensation award, not market purchase
Underlying common stock
630 shares
Each unit equals one common share
Vesting date
April 29, 2026
Deferred stock units vesting
Key Terms
Deferred Stock Units, separation from service, Grant, award, or other acquisition
3 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
separation from service financial
"Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost Bankers, Inc."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CFR director Linda B. Rutherford report?
Linda B. Rutherford reported receiving 630 deferred stock units as a grant. These units are a form of equity compensation linked to Cullen/Frost common stock, rather than an open-market purchase or sale of existing shares.
How many deferred stock units does Linda B. Rutherford hold after this CFR Form 4?
After the grant, Linda B. Rutherford holds 3,458 deferred stock units. This total reflects her updated derivative position in Cullen/Frost equity, representing the right to receive an equal number of common shares in the future.
What does each deferred stock unit represent for CFR insiders?
Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock. It is a derivative form of equity compensation, typically settled in stock at a later date rather than immediately.
When do Linda B. Rutherford’s CFR deferred stock units vest and settle?
The deferred stock units vested on April 29, 2026, according to the filing. Actual shares of Cullen/Frost common stock will be delivered when Linda B. Rutherford experiences a separation from service with the company.