---
schema_version: "secwatch.filing_event.v1"
accession: "0000039263-22-000044"
form_type: "8-K"
ticker: "CFR"
cik: "0000039263"
company_name: "CULLEN/FROST BANKERS, INC."
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:59:45.337475+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Cullen/Frost awards $2.84M in equity to four executives; Jimmy Stead salary raised to $625k

## Summary
- Jerry Salinas receives LTIP equity award of ~$790,000 grant date fair value.
- Paul H. Bracher receives LTIP equity award of ~$800,000 grant date fair value.
- Patrick B. Frost receives LTIP equity award of ~$500,000 grant date fair value.
- Jimmy Stead receives LTIP equity award of ~$750,000 and base salary increase to $625,000 effective Jan 1, 2023.

## SEC filing metadata
- accession: 0000039263-22-000044
- form_type: 8-K
- ticker: CFR
- cik: 0000039263
- company_name: CULLEN/FROST BANKERS, INC.
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39263/000003926322000044/0000039263-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39263/000003926322000044/cfr-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039263-22-000044
- JSON: https://secwatch.observer/filing/0000039263-22-000044.json
- Plain text: https://secwatch.observer/filing/0000039263-22-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.