CASS director awarded 1,704 shares of stock

RUPP JOSEPH D reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

RUPP JOSEPH D reported acquisition or exercise transactions in this Form 4 filing.

CASS INFORMATION SYSTEMS INC director Joseph D. Rupp received a stock award of 1,704 shares of Common Stock. The shares were granted at a reference price of $46.94 per share as a compensation-related award, rather than an open-market purchase. Following this grant, Rupp directly holds 23,719 shares of CASS common stock. The holdings include restricted stock bonus shares that are subject to vesting and potential forfeiture, meaning some shares may be lost if vesting conditions are not met.

Insider Trade Summary

Grant/Award: 1,704 shares

Grant/Award 1 txn

Insider RUPP JOSEPH D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,704	$46.94	$80K

Holdings After Transaction: Common Stock — 23,719 shares (Direct)

Footnotes (1)

1. F1. Includes restricted stock bonus shares, subject to vesting and forfeiture.

Key Figures

Shares granted: 1,704 shares Grant price: $46.94 per share Shares after transaction: 23,719 shares +2 more

5 metrics

Shares granted 1,704 shares Common Stock award on April 23, 2026

Grant price $46.94 per share Reference transaction price for stock award

Shares after transaction 23,719 shares Total direct CASS common shares held after grant

Transaction code A (grant, award, or other acquisition) Indicates compensation-related share award

Ownership type Direct (D) Shares held directly by Joseph D. Rupp

Key Terms

restricted stock bonus shares, vesting, forfeiture, Grant, award, or other acquisition, +1 more

5 terms

restricted stock bonus shares financial

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

vesting financial

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

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

forfeiture financial

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

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CASS (CASS) director Joseph D. Rupp report?

Director Joseph D. Rupp reported receiving 1,704 shares of CASS common stock as a grant or award. This was a compensation-related acquisition, not an open-market purchase, and was disclosed on a Form 4 insider filing with the SEC.

At what price were the new CASS (CASS) shares granted to director Joseph D. Rupp?

The 1,704 CASS common shares were granted using a reference price of $46.94 per share. This figure reflects the transaction price per share reported in the Form 4 and is used to value the stock award for reporting purposes.

How many CASS (CASS) shares does Joseph D. Rupp hold after this award?

After the reported stock award, Joseph D. Rupp directly holds 23,719 shares of CASS common stock. This total includes his existing holdings plus the newly granted shares, as disclosed in the post-transaction ownership line of the Form 4 filing.

Are the newly granted CASS (CASS) shares to Joseph D. Rupp restricted?

Yes, the filing notes that the holdings include restricted stock bonus shares subject to vesting and forfeiture. This means some shares may not fully belong to Rupp unless specified vesting conditions are satisfied over time, and they can be forfeited if conditions are not met.

Was Joseph D. Rupp’s CASS (CASS) transaction a market buy or a compensation grant?

The transaction was a compensation grant, not a market buy. It is coded as an “A” transaction on the Form 4, described as a grant, award, or other acquisition, indicating the shares were awarded as part of his director compensation package.

Does the CASS (CASS) Form 4 show any stock option exercises or derivative trades by Joseph D. Rupp?

No, the reported activity involves only a non-derivative common stock award. The derivative securities section is empty in this Form 4, indicating there were no option exercises, warrant conversions, or other derivative transactions disclosed for this reporting period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/27/2026 - 04:09 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

RUPP JOSEPH D

(Last) (First) (Middle)

12444 POWERSCOURT DR

SUITE 550

(Street)

ST. LOUIS MISSOURI 63131

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

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

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

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

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	04/23/2026		A		1,704	A	$46.94	23,719(1)	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. Includes restricted stock bonus shares, subject to vesting and forfeiture.

Remarks:

	/s/ Joseph D. Rupp	04/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)