Cullen/Frost Bankers GEVP Bobby Berman Sells $378K in Common Stock
CULLEN/FROST BANKERS, INC.
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Filing Summary
# Insider Sale: Cullen/Frost Bankers, Inc. (NYSE: CFR)
**Insider:** Berman Bobby (GEVP Research & Strategy)
**Transaction Date:** 2026-10-30
**Filing Date:** 2026-11-02
- **Type:** Sale (Code S)
- **Shares Sold:** 2,406
- **Price per Share:** $157.10
- **Total Transaction Value:** $377,982.60
- **Direct Ownership Remaining:** 28,406 shares
- **Indirect Ownership (401(k)):** 20,051.067 shares
- **Trading Significance:** Low
Comprehensive Analysis
Insider Transaction Analysis: Cullen/Frost Bankers, Inc. (CFR)
Summary
On October 30, 2026, Bobby Berman, Group Executive Vice President of Research & Strategy at Cullen/Frost Bankers, Inc., disposed of 2,406 shares of common stock at a volume-weighted average price of $157.10 per share (range: $156.705 – $158.01), resulting in gross proceeds of approximately $377,982.60.
Holdings Breakdown
- Direct Post-Transaction Holdings: 28,406 shares
- Indirect Post-Transaction Holdings (401(k)): 20,051.067 shares
- Total Retained Position: 48,457.067 shares (~$7.61 million value at transaction price)
- Percentage of Total Holdings Liquidated: ~4.73%
Significance Assessment
The trading significance is rated as Low:
- Routine Liquidation: The disposition represents less than 5% of the insider's combined direct and indirect equity stake.
- Materiality: At ~$378K, the transaction size is modest and consistent with personal financial planning or rebalancing.
- Role: While an executive officer, the reporting person is not the Chief Executive Officer or Chief Financial Officer, reducing the strategic signaling weight of the sale.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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