Howard L. Kasanoff's Stock Transactions in Cullen/Frost Bankers, Inc.

Howard L. Kasanoff, GEVP Chief Credit Officer of Cullen/Frost Bankers, Inc., reported several transactions involving the company's common stock and restricted stock units (RSUs) on October 25, 2025. Kasanoff acquired 1,073 shares of common stock at $0 per share, increasing his direct holdings to 4,043 shares. He also disposed of 422 shares at $124.86 per share, reducing his direct holdings to 3,621 shares. Additionally, Kasanoff disposed of 1,073 RSUs, which represent the right to receive one share of common stock each, leaving him with no RSUs. These RSUs were part of a grant that cliff vests three years from the grant date of October 25, 2022. Kasanoff also holds 3,562.368 shares indirectly through the company's 401(k) plan.