BRACHER PAUL (President of CFBI) 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: 0001388772-26-000004
Officer· President of CFBI
Since Oct 2018
-1.92K
Net shares
Net seller
$301.4K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.88K acquired · 6.79K disposed
Non-Derivative Transactions2
Common Stock, $0.01 par value
Direct
Shares
+4.88K
Price / share
—
Trade value
—
% of position
4.5%
10/24/2026
108.68K→113.56K
Common Stock, $0.01 par value
Direct
Shares
−1.92K
Price / share
$157.05
Trade value
$301.38K
% of position
1.7%
10/24/2026
113.56K→111.64K
Total
Net shares
+2.96K
Net value
-$301.38K
| 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 | +4.88K | — | — | 4.5% | 108.68K | 113.56K |
| Common Stock, $0.01 par value Direct | 10/24/2026 | F · Tax Withholding | −1.92K | $157.05 | $301.38K | 1.7% | 113.56K | 111.64K |
| Total | +2.96K | -$301.38K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock, $0.01 par value
4.88K shares
Shares
−4.88K
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 value4.88K shares | 10/24/2026 | M · Option Exercise | −4.88K | 0 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock, $0.01 par value
IndirectShares owned52.99K
Total
52.99K indirect52.99K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $0.01 par value | 52.99K | Indirect |
| Total | 52.99K | 52.99K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported