Cass director awarded 1,704 restricted shares

Schilling Randall L reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Schilling Randall L reported acquisition or exercise transactions in this Form 4 filing.

CASS INFORMATION SYSTEMS INC director Randall L. Schilling received a grant of 1,704 shares of common stock on April 23, 2026 as a restricted stock bonus at $46.94 per share. After this compensation award, he directly holds 33,388 shares, including restricted shares subject to vesting and possible forfeiture.

Insider Trade Summary

Grant/Award: 1,704 shares

Grant/Award 1 txn

Insider Schilling Randall L

Role Director

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

Holdings After Transaction: Common Stock — 33,388 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 Post-transaction holdings: 33,388 shares

3 metrics

Shares granted 1,704 shares Restricted stock bonus grant on April 23, 2026

Grant price $46.94 per share Reported value for restricted stock grant

Post-transaction holdings 33,388 shares Total common shares directly held after grant

Key Terms

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

4 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"

FAQ

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

What insider transaction did CASS director Randall Schilling report?

Director Randall L. Schilling reported receiving 1,704 shares of CASS common stock as a restricted stock bonus grant. The shares were valued at $46.94 each and represent equity compensation rather than an open-market purchase or sale.

Is Randall Schilling’s CASS Form 4 transaction a purchase or a grant?

The Form 4 shows an acquisition coded as a grant or award, not an open-market purchase. Schilling received 1,704 common shares as restricted stock bonus compensation, identified by transaction code “A” for grant, award, or other acquisition.

How many CASS shares does Randall Schilling hold after this grant?

After the restricted stock grant, Randall Schilling directly holds 33,388 CASS common shares. This total includes the newly awarded 1,704 restricted stock bonus shares, which remain subject to vesting conditions and potential forfeiture until they fully vest.

What is notable about the 1,704 CASS restricted stock shares granted?

The 1,704 CASS shares are restricted stock bonus shares subject to vesting and forfeiture. This means Schilling’s full ownership depends on meeting vesting conditions; if conditions are not met, some or all of these shares may be forfeited under the plan.

Did the CASS Form 4 disclose any stock options or derivatives for Schilling?

The filing’s derivative summary is empty, indicating no option or other derivative transactions were reported in this Form 4. The only reported activity is the grant of 1,704 restricted common shares, with no additional derivative positions disclosed.

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

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Accepted by SEC EDGAR 04/27/2026 - 04:13 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^*

Schilling Randall L

(Last) (First) (Middle)

12444 POWERSCOURT DRIVE

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	33,388(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/ Randall L. Schilling	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)