Director at Cullen/Frost (NYSE: CFR) awarded 630 deferred stock units
Rhea-AI Filing Summary
Shields Marsha McCombs reported acquisition or exercise transactions in this Form 4 filing.
CULLEN/FROST BANKERS, INC. director Marsha McCombs Shields received a grant of 630 deferred stock units linked to the company’s common stock. Each unit represents one future share. The units vested on April 29, 2026, and actual shares will be delivered when she separates from service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shields Marsha McCombs
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 630 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 630 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
Transaction price per unit: $0.0000 per unit
Underlying common shares: 630 shares
+2 more
5 metrics
Deferred stock units granted
630 units
Grant to director on April 29, 2026
Transaction price per unit
$0.0000 per unit
Equity award, non-cash grant
Underlying common shares
630 shares
Each unit equals one share of common stock
Deferred units after transaction
630 units
Total reported following this grant
Vesting date
April 29, 2026
Deferred stock units fully vested
Key Terms
Deferred Stock Units, separation from service, underlying security
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."
underlying security financial
"underlying_security_title: Common Stock, $0.01 par value"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CFR director Marsha McCombs Shields report?
Marsha McCombs Shields reported receiving 630 deferred stock units as a compensation award. These derivative units are tied to Cullen/Frost Bankers common stock and reflect a non-cash, equity-based grant rather than an open-market purchase or sale of existing shares.
How many deferred stock units were granted in this Cullen/Frost (CFR) Form 4?
The Form 4 shows a grant of 630 deferred stock units to the reporting director. Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers common stock, providing future equity rather than immediate stock ownership or cash compensation.
When did the Cullen/Frost (CFR) deferred stock units vest for the director?
The deferred stock units vested on April 29, 2026, according to the filing footnotes. Vesting means the director’s right to receive the corresponding common shares is earned, subject to the timing rules governing when those shares are actually delivered in the future.
What does each deferred stock unit represent for Cullen/Frost (CFR)?
Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers common stock. This structure grants equity-linked compensation that vests now but settles later in actual shares, aligning director incentives with long-term company performance and continued service.