DOW INC

Ticker: DOW CUSIP: 260557103 Class: COM

CULLEN/FROST BANKERS, INC.'s Holding History (CIK: 0000039263)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,309 Value ($000) $31 Avg Close $22.78 Range $20.35 - $25.67

Q3 2025

Shares 7,861 Value ($000) $180 Avg Close $24.31 Range $19.82 - $30.04

Q2 2025

Shares 12,556 Value ($000) $332 Avg Close $27.80 Range $23.75 - $33.33

Q1 2025

Shares 16,046 Value ($000) $560 Avg Close $35.96 Range $32.16 - $39.24

Q4 2024

Shares 15,130 Value ($000) $607 Avg Close $42.94 Range $36.15 - $50.94

Q3 2024

Shares 15,335 Value ($000) $838 Avg Close $47.92 Range $45.35 - $50.99

Q2 2024

Shares 15,483 Value ($000) $821 Avg Close $51.21 Range $47.23 - $54.19

Q1 2024

Shares 15,442 Value ($000) $895 Avg Close $48.96 Range $45.89 - $52.45

Q4 2023

Shares 15,741 Value ($000) $863 Avg Close $44.66 Range $41.11 - $49.29

Q3 2023

Shares 16,711 Value ($000) $862 Avg Close $46.31 Range $43.56 - $48.52

Q2 2023

Shares 16,412 Value ($000) $874 Avg Close $45.25 Range $41.52 - $48.90

Q1 2023

Shares 18,635 Value ($000) $1,022 Avg Close $47.30 Range $41.67 - $50.93

Q4 2022

Shares 18,385 Value ($000) $926 Avg Close $40.52 Range $35.40 - $44.20

Q3 2022

Shares 17,732 Value ($000) $779 Avg Close $41.46 Range $35.51 - $45.94

Q2 2022

Shares 18,165 Value ($000) $937 Avg Close $51.79 Range $41.05 - $57.91

Q1 2022

Shares 22,633 Value ($000) $1,442 Avg Close $48.26 Range $43.47 - $52.33

Q4 2021

Shares 21,273 Value ($000) $1,207 Avg Close $45.04 Range $41.46 - $48.11

Q3 2021

Shares 21,717 Value ($000) $1,250 Avg Close $47.81 Range $43.42 - $51.38

Q2 2021

Shares 21,721 Value ($000) $1,375 Avg Close $51.06 Range $46.56 - $55.35

Q1 2021

Shares 21,109 Value ($000) $1,350 Avg Close $45.81 Range $39.10 - $51.82

Q4 2020

Shares 19,712 Value ($000) $1,094 Avg Close $39.03 Range $33.35 - $43.77

Q3 2020

Shares 19,873 Value ($000) $935 Avg Close $33.48 Range $29.02 - $38.79

Q2 2020

Shares 20,302 Value ($000) $828 Avg Close $26.85 Range $19.60 - $34.03

Q1 2020

Shares 18,529 Value ($000) $541 Avg Close $30.58 Range $15.98 - $39.77

Q4 2019

Shares 20,670 Value ($000) $1,132 Avg Close $36.70 Range $30.99 - $39.78

Q3 2019

Shares 22,317 Value ($000) $1,063 Avg Close $32.74 Range $28.12 - $36.85

Q2 2019

Shares 25,682 Value ($000) $1,266 Avg Close $36.37 Range $32.51 - $41.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,309	$31	$22.78	$20.35 - $25.67
Q3 2025	7,861	$180	$24.31	$19.82 - $30.04
Q2 2025	12,556	$332	$27.80	$23.75 - $33.33
Q1 2025	16,046	$560	$35.96	$32.16 - $39.24
Q4 2024	15,130	$607	$42.94	$36.15 - $50.94
Q3 2024	15,335	$838	$47.92	$45.35 - $50.99
Q2 2024	15,483	$821	$51.21	$47.23 - $54.19
Q1 2024	15,442	$895	$48.96	$45.89 - $52.45
Q4 2023	15,741	$863	$44.66	$41.11 - $49.29
Q3 2023	16,711	$862	$46.31	$43.56 - $48.52
Q2 2023	16,412	$874	$45.25	$41.52 - $48.90
Q1 2023	18,635	$1,022	$47.30	$41.67 - $50.93
Q4 2022	18,385	$926	$40.52	$35.40 - $44.20
Q3 2022	17,732	$779	$41.46	$35.51 - $45.94
Q2 2022	18,165	$937	$51.79	$41.05 - $57.91
Q1 2022	22,633	$1,442	$48.26	$43.47 - $52.33
Q4 2021	21,273	$1,207	$45.04	$41.46 - $48.11
Q3 2021	21,717	$1,250	$47.81	$43.42 - $51.38
Q2 2021	21,721	$1,375	$51.06	$46.56 - $55.35
Q1 2021	21,109	$1,350	$45.81	$39.10 - $51.82
Q4 2020	19,712	$1,094	$39.03	$33.35 - $43.77
Q3 2020	19,873	$935	$33.48	$29.02 - $38.79
Q2 2020	20,302	$828	$26.85	$19.60 - $34.03
Q1 2020	18,529	$541	$30.58	$15.98 - $39.77
Q4 2019	20,670	$1,132	$36.70	$30.99 - $39.78
Q3 2019	22,317	$1,063	$32.74	$28.12 - $36.85
Q2 2019	25,682	$1,266	$36.37	$32.51 - $41.48