BERMAN BOBBY (Group Executive Vice President) exercised options at CULLEN/FROST BANKERS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/26/2026ACC: 0001388767-26-000006
Officer· Group Executive Vice President
Since Oct 2018
-1.08K
Net shares
Net seller
$169.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
2.74K acquired · 3.82K disposed
Non-Derivative Transactions2
Common Stock, $0.01 par value
Direct
Shares
+2.74K
Price / share
—
Trade value
—
% of position
9.4%
10/24/2026
29.15K→31.89K
Common Stock, $0.01 par value
Direct
Shares
−1.08K
Price / share
$157.05
Trade value
$169.46K
% of position
3.4%
10/24/2026
31.89K→30.81K
Total
Net shares
+1.66K
Net value
-$169.46K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value Direct | 10/24/2026 | M · Option Exercise | +2.74K | — | — | 9.4% | 29.15K | 31.89K |
| Common Stock, $0.01 par value Direct | 10/24/2026 | F · Tax Withholding | −1.08K | $157.05 | $169.46K | 3.4% | 31.89K | 30.81K |
| Total | +1.66K | -$169.46K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock, $0.01 par value
2.74K shares
Shares
−2.74K
Strike price
0
Held after
0.00
Exercisable
—
10/24/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock, $0.01 par value2.74K shares | 10/24/2026 | M · Option Exercise | −2.74K | 0 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock, $0.01 par value
IndirectShares owned20.05K
Total
20.05K indirect20.05K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $0.01 par value | 20.05K | Indirect |
| Total | 20.05K | 20.05K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported