Director Haemisegger receives 630 deferred stock units at Cullen/Frost (NYSE: CFR)
Rhea-AI Filing Summary
HAEMISEGGER DAVID J reported acquisition or exercise transactions in this Form 4 filing.
CULLEN/FROST BANKERS, INC. director David J. Haemisegger received a grant of 630 deferred stock units, each representing one share of common stock. These deferred stock units vested on April 29, 2026, and shares will be delivered after he experiences a separation from service with the company. Following this award, he holds 10,924 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAEMISEGGER DAVID J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 630 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 10,924 shares (Direct)
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock.
- F2. The deferred stock units vested on April 29, 2026. Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost Bankers, Inc.
Key Figures
Deferred stock units granted: 630 units
Units after transaction: 10,924 units
Unit-to-share ratio: 1 unit : 1 share
+1 more
4 metrics
Deferred stock units granted
630 units
Grant/award acquisition on April 29, 2026
Units after transaction
10,924 units
Total deferred stock units following grant
Unit-to-share ratio
1 unit : 1 share
Each deferred stock unit equals one common share
Vest date
April 29, 2026
Deferred stock units fully vested on this date
Key Terms
Deferred Stock Units, separation from service, underlying security
3 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
separation from service financial
"Shares will be delivered on the date when the reporting person experiences a separation from service"
underlying security financial
"underlying_security_title": "Common Stock""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CFR director David Haemisegger report on this Form 4?
David J. Haemisegger reported receiving 630 deferred stock units tied to Cullen/Frost common stock. The award increased his direct deferred stock unit holdings to 10,924, reflecting routine compensation rather than an open-market purchase or sale of shares.
How many deferred stock units were granted to CFR director Haemisegger?
He was granted 630 deferred stock units, each representing one share of Cullen/Frost common stock. This grant is recorded at a price of $0.0000 per unit, indicating a compensation-related award rather than a market transaction involving cash consideration.
When do David Haemisegger’s CFR deferred stock units vest and settle?
The deferred stock units vested on April 29, 2026. Actual Cullen/Frost common shares corresponding to these units will be delivered to David Haemisegger only when he experiences a separation from service with the company, deferring receipt until his board service ends.
What does each deferred stock unit represent for Cullen/Frost (CFR)?
Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock. This means 630 new units entitle David Haemisegger to 630 common shares upon settlement after his separation from service with the company.
How many deferred stock units does Haemisegger hold after this CFR award?
After the reported grant, David Haemisegger holds 10,924 deferred stock units directly. Each unit is linked to one share of common stock, so this balance indicates his total outstanding deferred equity awards awaiting future settlement in Cullen/Frost shares.