EDWARDS CRAWFORD H 4

What Happened

• Crawford H. Edwards, a director of Cullen/Frost Bankers, Inc. (CFR), reported a gift (transaction code G) disposing of 750 shares on 2026-03-09. The shares are reported at $0.00 per share (total reported value $0) because this was a non-sale gift transfer.

Key Details

• Transaction date: 2026-03-09; reported as a Gift (G) at $0.00 per share for 750 shares.
• Filing date: 2026-03-16 (filed 7 days after the transaction). This exceeds the usual two-business-day Form 4 reporting window and appears to be a late filing.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 notes Edwards is trustee and beneficiary of the Crawford Hearne Edwards 2012 Irrevocable Trust; F2 notes he is one of three co‑trustees of the Mary Martha Edwards Richter 2012 Irrevocable Trust (for the benefit of his sister).

Context

• Gifts are disposals and do not necessarily reflect the insider’s view of the company’s prospects; they often represent estate planning or family transfers (especially here given the trustee notes).
• No purchase, option exercise, or 10b5-1 plan is indicated in this filing.