CASS (CASS) director uses 6,847 shares for tax withholding, keeps 18,293

Rhea-AI Filing Summary

CASS Information Systems director Ralph W. Clermont reported a routine tax-related share disposition. On April 21, 2026, 6,847 shares of CASS common stock were withheld at $47.84 per share to pay an exercise price or tax liability, rather than sold on the open market. After this non-market transaction, Clermont directly owns 18,293 CASS shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Clermont Ralph W

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	6,847	$47.84	$328K

Holdings After Transaction: Common Stock — 18,293 shares (Direct, null)

Footnotes (1)

Key Figures

Shares used for tax withholding: 6,847 shares Price per share: $47.84 per share Shares owned after transaction: 18,293 shares

3 metrics

Shares used for tax withholding 6,847 shares Tax-withholding disposition on April 21, 2026

Price per share $47.84 per share Value applied to tax-withholding shares

Shares owned after transaction 18,293 shares Direct CASS common stock holdings post-transaction

Key Terms

tax-withholding disposition, Common Stock, transaction code F, Payment of exercise price or tax liability by delivering securities

4 terms

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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.

transaction code F financial

"transaction_code: F, Payment of exercise price or tax liability"

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description: Payment of exercise price or tax liability by delivering securities"

Form 4 Insider Transactions: What Each Field Means →

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^*

Clermont Ralph W

(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)
04/21/2026

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	04/21/2026		F		6,847	D	$47.84	18,293	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:

Remarks:

	/s/ Ralph W. Clermont	04/23/2026
	** 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)

FAQ

What insider transaction did CASS director Ralph W. Clermont report?

Ralph W. Clermont reported a tax-withholding disposition of 6,847 CASS common shares. The shares were delivered to cover an exercise price or tax liability, rather than sold on the open market, and are recorded as a non-derivative transaction.

Was the CASS Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered at $47.84 each to satisfy an exercise price or tax liability, classified under transaction code F, which is specifically used for these non-market events.

How many CASS shares were involved in Ralph W. Clermont’s tax withholding?

The filing reports 6,847 CASS common shares were used for tax withholding. These shares were valued at $47.84 per share for this purpose, according to the transaction data, and are categorized as a non-derivative tax-withholding disposition, not a traditional market trade.

How many CASS shares does Ralph W. Clermont hold after this Form 4 transaction?

After the reported transaction, Ralph W. Clermont directly owns 18,293 CASS common shares. This post-transaction holding reflects his remaining direct ownership after 6,847 shares were delivered to cover an exercise price or tax liability associated with the equity award.

What does transaction code F mean in the CASS Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this CASS filing, it shows 6,847 common shares were used to satisfy such obligations, classifying the move as a tax-withholding disposition rather than a buy or sell in the open market.

Is the CASS Form 4 transaction considered a buy, sell, or other type of event?

The CASS Form 4 records the event as a disposal via tax withholding, not a buy or open-market sell. It reflects a tax-withholding disposition where 6,847 shares were delivered to meet obligations, while Clermont’s remaining direct holdings total 18,293 common shares afterward.