STOCK TITAN

Cass Information Systems (CASS) grants director 1,704 restricted stock shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Drabik John J reported acquisition or exercise transactions in this Form 4 filing.

Cass Information Systems director John J. Drabik reported an insider equity compensation award. He received 1,704 shares of common stock as a restricted stock bonus at a value of $46.94 per share.

These shares are restricted stock bonus shares subject to vesting and potential forfeiture, meaning they must meet service or other conditions to fully vest. After this award, Drabik directly holds 1,704 common shares of Cass Information Systems.

Positive

  • None.

Negative

  • None.
Insider Drabik John J
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,704 $46.94 $80K
Holdings After Transaction: Common Stock — 1,704 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 1,704 shares Common stock award to director John J. Drabik
Grant valuation price $46.94 per share Reported transaction price for restricted stock bonus shares
Shares held after award 1,704 shares Total common shares directly owned post-transaction
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."
SEC Form 4
FORM 4UNITED 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*
Drabik John J

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/23/2026A1,704A$46.941,704(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes restricted stock bonus shares, subject to vesting and forfeiture.
Remarks:
John J Drabik04/27/2026
** Signature of Reporting PersonDate
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 John J. Drabik report on Form 4?

Director John J. Drabik reported receiving 1,704 shares of Cass Information Systems common stock as a restricted stock bonus. The shares were valued at $46.94 per share and represent equity compensation rather than an open-market stock purchase.

Is John J. Drabik’s CASS stock transaction a purchase or an award?

The filing shows an award of shares, not a market purchase. Transaction code A indicates a grant or other acquisition, and the footnote clarifies these are restricted stock bonus shares granted as compensation, subject to vesting and forfeiture conditions.

How many CASS shares does John J. Drabik hold after this restricted stock grant?

After the reported transaction, John J. Drabik directly holds 1,704 shares of Cass Information Systems common stock. This total equals the 1,704 restricted stock bonus shares granted in the transaction, as disclosed in the post-transaction holdings figure.

What are the terms of the CASS restricted stock bonus shares granted to John J. Drabik?

The footnote explains the award includes restricted stock bonus shares that are subject to vesting and forfeiture. This means Drabik’s right to keep some or all of these 1,704 shares depends on meeting specified vesting conditions set by the company.

At what price were John J. Drabik’s CASS restricted shares valued in the filing?

The Form 4 lists the transaction price as $46.94 per share for the 1,704 restricted stock bonus shares. This figure typically reflects the market value used for reporting purposes, even though the shares are granted as compensation rather than bought in the open market.