Cass (CASS) Executive VP receives 1,992-share restricted stock bonus grant
Rhea-AI Filing Summary
Cass Information Systems Executive Vice President Matthew Steven Schuckman received a restricted stock bonus award of 1,992 shares of common stock on January 22, 2026. The shares were granted at a price of $0 as equity compensation rather than a market purchase. The award is subject to a cliff vesting schedule, with restrictions expiring on the third anniversary of the grant date. Following this grant, Schuckman beneficially owns 12,531 shares of Cass common stock directly, including restricted stock bonus shares that remain subject to vesting and potential forfeiture.
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FAQ
What insider transaction did Cass (CASS) report for Matthew Steven Schuckman?
Cass reported that Executive Vice President Matthew Steven Schuckman received a restricted stock bonus award of 1,992 shares of common stock on January 22, 2026.
Was the Cass (CASS) insider transaction a purchase or a grant?
The filing shows a grant of 1,992 restricted shares of Cass common stock as a stock bonus award, reported at a price of $0 per share, indicating equity compensation rather than an open-market purchase.
What are the vesting terms of the restricted stock awarded to the Cass EVP?
The restricted stock bonus award to the Executive Vice President features cliff vesting, with the restrictions expiring on the third anniversary of the award date. Until then, the shares remain subject to vesting and forfeiture conditions.
How many Cass (CASS) shares does Matthew Steven Schuckman own after this Form 4 transaction?
After the reported award, Matthew Steven Schuckman beneficially owns 12,531 shares of Cass common stock directly, which includes restricted stock bonus shares that are still subject to vesting and forfeiture.
What role does the reporting person in this Cass (CASS) Form 4 hold?
The reporting person, Matthew Steven Schuckman, is an Executive Vice President of Cass Information Systems, as indicated in the filing.
Does the Cass EVP’s Form 4 mention any indirect ownership or related entities?
The Form 4 lists direct ownership (D) of the reported shares and does not reference any indirect ownership or related entities in the provided excerpt.