Dan Geddes' Stock Transactions in Cullen/Frost Bankers, Inc.

On October 25, 2025, Dan Geddes, the GEVP & Chief Financial Officer of Cullen/Frost Bankers, Inc., engaged in several transactions involving the company's common stock. Geddes acquired 1,049 shares of common stock through a transaction coded as 'M', with no price per share reported, increasing his direct ownership to 3,413 shares. On the same day, he disposed of 255 shares at a price of $124.86 per share in a transaction coded as 'F', reducing his direct ownership to 3,158 shares. Additionally, Geddes disposed of 1,049 restricted stock units, which represent the right to receive one share of common stock each, leaving him with no remaining restricted stock units. Geddes also indirectly owns 7,702.621 shares through the company's 401(k) plan. These transactions were reported in a Form 4 filing with the SEC.