Cass Information (NASDAQ: CASS) president granted 2,318 restricted shares

Rhea-AI Filing Summary

Cass Information Systems President Dwight D. Erdbruegger received a restricted stock bonus award of 2,318 shares of common stock on January 22, 2026. The award was granted at a price of $0 per share and is structured so that the restrictions expire in a single "cliff" on the third anniversary of the grant date. After this transaction, he beneficially owned 22,372 shares of Cass Information Systems common stock, which includes restricted bonus shares that remain subject to vesting and potential forfeiture.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Erdbruegger Dwight D

(Last) (First) (Middle)

12444 POWERSCOURT DRIVE

SUITE 550

(Street)

ST. LOUIS MO 63131

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CASS INFORMATION SYSTEMS INC [ CASS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/22/2026		A		2,318(1)	A	$0	22,372(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock bonus award; restrictions cliff expire on third anniversary date of the award.

2. Includes restricted stock bonus shares, subject to vesting and forfeiture.

Remarks:

	/s/ Dwight D. Erdbruegger	01/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CASS report for its president on January 22, 2026?

Cass Information Systems (CASS) reported that President Dwight D. Erdbruegger received a restricted stock bonus award of 2,318 shares of common stock on January 22, 2026.

At what price were the 2,318 CASS shares granted to the president?

The 2,318 shares of Cass Information Systems (CASS) common stock granted to the president were awarded at a price of $0 per share as a restricted stock bonus.

How do the vesting terms work for the CASS restricted stock bonus awarded to the president?

The restricted stock bonus awarded to the Cass Information Systems (CASS) president has a cliff vesting schedule, with restrictions expiring on the third anniversary of the award date.

How many CASS shares does the president beneficially own after this Form 4 transaction?

Following the reported transaction, President Dwight D. Erdbruegger beneficially owned 22,372 shares of Cass Information Systems (CASS) common stock, including restricted bonus shares subject to vesting and forfeiture.

Are the CASS shares in this Form 4 filing held directly or indirectly by the president?

The 22,372 Cass Information Systems (CASS) common shares reported after the transaction are held under direct ownership by President Dwight D. Erdbruegger.

What does it mean that some CASS shares are subject to vesting and forfeiture?

Shares subject to vesting and forfeiture mean that part of the Cass Information Systems (CASS) holdings are restricted bonus shares that the president will fully keep only if the vesting conditions are satisfied.