[Form 4] Cass Information Systems Inc Insider Trading Activity

Rhea-AI Filing Summary

Cass Information Systems (CASS) – Form 4 insider activity

President & CEO Martin H. Resch purchased 500 shares of CASS common stock on 1 Aug 2025 at $39.50, an outlay of roughly $19,750. After the trade he directly holds 41,420 shares, which the filing notes include restricted stock subject to vesting and possible forfeiture. No shares were sold and no derivative securities were exercised or disposed of.

The transaction marginally increases the chief executive’s stake (~1.2% relative to his post-transaction holding) and represents a positive—albeit small—signal of insider confidence. No other material events, earnings data or derivative positions are disclosed in this filing.

Positive

• Insider confidence signal: CEO Martin Resch made an open-market purchase, which is generally viewed favorably by investors.

Negative

• Immaterial size: The 500-share buy (≈$20 k) is too small to meaningfully alter ownership or influence market perception.

Insights

Equity Analyst

TL;DR: Minor CEO share purchase; modestly positive sentiment but immaterial to valuation.

The $19.8 k purchase lifts Martin Resch’s direct stake to 41.4 k shares. While insider buys are directionally encouraging, 500 shares is negligible versus CASS’s ~14 m share float and does not alter ownership structure or earnings outlook. I view the event as sentiment-positive but fundamentally neutral, offering limited insight into near-term performance.

Corporate Governance Specialist

TL;DR: Governance neutral; routine Form 4 with clear disclosure.

The filing demonstrates timely compliance with Section 16 reporting. No 10b5-1 trading plan was cited, indicating discretionary open-market buying. Absence of derivative trades and continued accumulation supports alignment, yet the scale is too small to materially change pay-for-performance incentives. Overall impact on governance assessment is neutral.

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^*

Resch Martin H.

(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 & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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	08/01/2025		P		500	A	$39.5	41,420(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/ Martin H Resch	08/04/2025
	** 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 did CASS CEO Martin Resch buy?

He acquired 500 shares of Cass Information Systems common stock.

At what price were the CASS shares purchased?

The reported purchase price was $39.50 per share.

How many CASS shares does the CEO own after the purchase?

Following the transaction, he directly owns 41,420 shares.

Were any shares sold or derivatives exercised in this Form 4?

No, the filing shows only an open-market purchase; no sales or derivative transactions were reported.

Does the filing reference a Rule 10b5-1 trading plan?

The checkbox for a Rule 10b5-1 plan is not marked, indicating the purchase was not under such a plan.