Rhodes Coolidge E JR 4

4 · CULLEN/FROST BANKERS, INC. · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 6, 2026

Cullen/Frost (CFR) General Counsel Rhodes Coolidge Sells 700 Shares

What Happened

Rhodes Coolidge E. Jr., Group EVP, General Counsel and Secretary of Cullen/Frost Bankers (CFR), had a sale of 700 shares executed on March 6, 2026 at $127.00 per share, for proceeds of $88,900. The filing also shows a corresponding 700-share acquisition entry reflecting the rescission of a previously reported December 2025 sale; the net effect reported on March 6 is the sale of 700 shares at $127.

Key Details

Transaction date(s) and price(s): March 6, 2026 — sale of 700 shares at $127.00 ($88,900). A simultaneous 700-share acquisition entry (price N/A) reflects rescission of the earlier December transaction.
Footnote: The report states the December 9, 2025 sale was rescinded because the broker failed to timely file a Rule 144(h) Notice of Proposed Sale. The broker moved the shares through its error account and re-executed the sale on March 6, 2026 at the same price and quantity (see footnote F1).
Shares owned after the transaction: not disclosed in this filing.
Filing timeliness: Reported on March 6, 2026 (same date as the corrective transaction) — not indicated as late.

Context

This filing documents a sale (not a purchase). Sales by executives are often routine and can reflect personal liquidity needs rather than a view on company fundamentals; the filing’s footnote explains the transaction was driven by a broker rescission and re-execution rather than a new change in intent.
No options, awards, or tax-withholding actions are indicated in this report.

Form 4

Period: 2026-03-06

Group EVP General Counsel/Sec

Transactions

Other
Common Stock, $0.01 par value
[F1]
2026-03-06+700→ 5,310 total
Other
Common Stock, $0.01 par value
[F1]
2026-03-06$127.00/sh−700$88,900→ 4,610 total

Holdings

Footnotes (1)

[F1]This report reflects the rescission of the sale previously reported on December 10, 2025, which was reported to have occurred on December 9, 2025. The transaction was rescinded because the broker failed to timely file a Notice of Proposed Sale under Rule 144(h), a necessary condition to the completion of the sale. On March 6, 2026, following discovery of this error, the broker rescinded the previously reported sale through its broker's error account and effected a sale of the same number of shares at the same price as the rescinded transaction.

Signature

/s/ Coolidge E. Rhodes, Jr. by Lee Whitley under POA|2026-03-06

1 file