Cullen/Frost (NYSE: CFR) CEO reports 912-share move, 110,879 held

Rhea-AI Filing Summary

Cullen/Frost Bankers, Inc. Chairman and CEO Phillip D. Green reported a transfer of 912 shares of common stock on 02/10/2026, coded "G" at a reported price of $0 per share. After this transaction, he directly beneficially owns 110,879 common shares.

He also reports indirect ownership of 1,100 shares through his spouse, 373.04 shares through a 401(k) plan, and 38,865 shares held in trusts for his children, where he serves as trustee and his children are beneficiaries.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GREEN PHILLIP D

(Last) (First) (Middle)

111 WEST HOUSTON STREET

(Street)

SAN ANTONIO TX 78205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CULLEN/FROST BANKERS, INC. [ CFR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value	02/10/2026		G		912	D	$0	110,879	D
Common Stock, $0.01 par value								1,100	I	By Spouse
Common Stock, $0.01 par value								373.04	I	Through 401(k) Plan
Common Stock, $0.01 par value								38,865	I	Trusts for children(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Some of Mr. Green's children are beneficiaries of trusts of which Mr. Green is a trustee.

Remarks:

	/s/ Phillip D. Green, by Kirsten Irwin under POA	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CFR Chairman and CEO Phillip Green report?

Phillip D. Green reported a transfer of 912 shares of Cullen/Frost common stock on 02/10/2026, coded “G” at a stated price of $0 per share. Following this transaction, he directly beneficially owns 110,879 common shares of the company.

How many Cullen/Frost (CFR) shares does Phillip Green directly own after this filing?

After the reported 912-share transaction, Phillip D. Green directly beneficially owns 110,879 Cullen/Frost common shares. This figure comes from the Form 4’s post-transaction balance in Table I, reflecting his direct holdings separate from his indirect interests.

What indirect Cullen/Frost (CFR) holdings does Phillip Green report?

Phillip D. Green reports indirect ownership of 1,100 Cullen/Frost shares through his spouse, 373.04 shares through a 401(k) plan, and 38,865 shares held in trusts for his children, where he serves as trustee and his children are beneficiaries.

What does the Form 4 footnote say about the children’s trusts for CFR stock?

The footnote explains that some of Mr. Green’s children are beneficiaries of trusts for which he is a trustee. Those trusts collectively hold 38,865 Cullen/Frost common shares reported as indirectly beneficially owned through “Trusts for children.”

What role does Phillip Green hold at Cullen/Frost (CFR) in this Form 4?

Phillip D. Green is identified as both a director and an officer of Cullen/Frost, serving as Chairman and CEO. His status is noted in the reporting person section, confirming he is a senior executive and board member of the company.

On what date was the earliest reported CFR transaction in this Form 4?

The earliest reported transaction date is 02/10/2026. This date appears both in the transaction detail line for the 912 common shares and in the “Date of Earliest Transaction” field on the Form 4 cover information.