GREEN PHILLIP D 4
Research Summary
AI-generated summary
Cullen/Frost (CFR) CEO Phillip D. Green Gifts 912 Shares
What Happened
- Phillip D. Green, Chairman, CEO, and Director of Cullen/Frost Bankers, Inc. (CFR), reported a gift disposition of 912 shares on February 10, 2026. The transaction is coded as a gift (G) with a reported price of $0.00, indicating no sale proceeds were received.
Key Details
- Transaction date: 2026-02-10
- Transaction type and amount: Gift (G) — 912 shares disposed at $0.00
- Filing date: 2026-02-11 (Form 4)
- Shares owned after transaction: Not disclosed in the provided filing data
- Footnote: Some of Mr. Green's children are beneficiaries of trusts of which Mr. Green is a trustee (per footnote F1)
- Timeliness: Filing appears timely (filed the day after the transaction)
Context
- Gifts are typically estate-planning or family-transfer actions and do not necessarily signal the insider’s view on the company’s stock. The footnote indicates the transfer involved trusts benefiting Mr. Green’s children, which is consistent with trustee-directed distributions rather than open-market sales.