Ericka Lynn Pullin, Group Executive Vice President of Culture and People Development at Cullen/Frost Bankers, Inc., filed a Form 4 on October 26, 2026, reporting transactions in common stock and restricted stock units dated October 24, 2026.

Key Highlights

  • RSU vesting: 707 restricted stock units were converted (transaction code M) into 707 shares of Cullen/Frost common stock at a price of $0 on October 24, 2026.
  • Tax withholding disposal: 272 shares were disposed of (transaction code F) at $157.05 per share on the same date.
  • Direct holdings after transactions: Pullin directly holds 2,464.568 shares of common stock following the reported transactions.
  • Indirect holdings: Pullin also holds 4,240.459 shares indirectly through a 401(k) Plan.
  • Dividend reinvestment: The filing notes that direct holdings include 5.489 shares acquired through a Dividend Reinvestment Plan.
  • Remaining RSUs: 707 restricted stock units remain beneficially owned following the reported transaction, with cliff vesting three years from the date of grant.

Pullin RSU Conversion and Share Disposal Details at Cullen/Frost Bankers

According to the Form 4 filed with the SEC on October 26, 2026, Ericka Lynn Pullin, an officer of Cullen/Frost Bankers, Inc. (NYSE:CFR) serving as Group Executive Vice President of Culture and People Development, reported two non-derivative transactions and one derivative transaction, all dated October 24, 2026. The filing was signed by Kirsten Irwin under a power of attorney on behalf of Pullin.

The derivative transaction shows that 707 restricted stock units were converted via transaction code M at an exercise price of $0. The filing states that each restricted stock unit represents the right to receive one share of Cullen/Frost common stock, and that these units "cliff vested three years from the date of grant." Corresponding to this conversion, 707 shares were acquired (code A) at $0 in Table I, bringing Pullin's directly held shares to 2,736.568 before the withholding transaction. A separate disposition of 272 shares (code F) at $157.05 per share reduced her direct holdings to 2,464.568 shares.

Following all reported transactions, Pullin's indirect beneficial ownership through the 401(k) Plan stands at 4,240.459 shares. The filing also notes that the direct share total includes 5.489 shares acquired from a Dividend Reinvestment Plan. The remaining derivative security position shows 707 restricted stock units still directly held following the reported transactions.

What Was Disclosed

The filing disclosed the October 24, 2026 vesting of 707 restricted stock units into common stock for Pullin, a withholding of 272 shares at $157.05, and resulting beneficial ownership of 2,464.568 shares directly and 4,240.459 shares through a 401(k) Plan.