Cass Information Systems (NASDAQ: CASS) director receives 301-share stock award

Rhea-AI Filing Summary

Cass Information Systems director Joseph D. Rupp received a stock award of 301 shares of Common Stock at a value of $43.15 per share. The award is described as restricted stock bonus shares that are subject to vesting and forfeiture conditions.

Following this compensation-related grant, Rupp directly holds 22,015 shares of Cass Information Systems common stock. The filing characterizes the transaction as a grant or award acquisition rather than an open-market purchase.

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

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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^*

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)
03/19/2026

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	03/19/2026		A		301	A	$43.15	22,015(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	03/23/2026
	** 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 (CASS) report for Joseph D. Rupp?

Cass Information Systems reported that director Joseph D. Rupp received an award of 301 shares of Common Stock. The transaction is coded as a grant or other acquisition, reflecting compensation rather than an open‑market trade.

Was the Cass (CASS) insider transaction an open-market purchase or a stock grant?

The transaction was a stock grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, indicating compensation-related restricted stock rather than shares bought directly on the market.

How many Cass (CASS) shares does director Joseph D. Rupp hold after the grant?

After receiving the 301-share award, Joseph D. Rupp directly holds 22,015 shares of Cass Information Systems common stock. This figure reflects his total reported direct ownership following the compensation-related transaction.

At what value was the Cass (CASS) stock award to Joseph D. Rupp recorded?

The 301-share award to Joseph D. Rupp was recorded at $43.15 per share. This per-share value is used in the Form 4 to indicate the grant price for the restricted stock bonus shares he received.

Are the Cass (CASS) shares granted to Joseph D. Rupp subject to vesting conditions?

Yes. A footnote explains the award includes restricted stock bonus shares that are subject to vesting and forfeiture. This means Rupp’s right to keep some or all of the 301 shares depends on meeting specified conditions over time.