Cass Information Systems (CASS) director awarded 1,704 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WICKS FRANK reported acquisition or exercise transactions in this Form 4 filing.
Cass Information Systems director Frank Wicks reported a grant of 1,704 shares of Common Stock on April 23, 2026. The shares are recorded at $46.94 per share and represent a compensation-related grant rather than an open-market purchase.
After this award, Wicks directly owns 34,021 Cass shares. The footnote explains that his holdings include restricted stock bonus shares that are subject to vesting and forfeiture, meaning some shares may be lost if vesting conditions are not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WICKS FRANK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,704 | $46.94 | $80K |
Holdings After Transaction:
Common Stock — 34,021 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 1,704 shares
Grant reference price: $46.94 per share
Post-transaction holdings: 34,021 shares
+1 more
4 metrics
Stock grant size
1,704 shares
Common Stock grant to director on April 23, 2026
Grant reference price
$46.94 per share
Recorded transaction price per share for the grant
Post-transaction holdings
34,021 shares
Total Common Stock directly owned by Frank Wicks after grant
Acquisition transactions
1 transaction
Form 4 transactionSummary acquireCount
Key Terms
restricted stock bonus shares, vesting and forfeiture, Common Stock, Grant, award, or other acquisition
4 terms
vesting and forfeiture financial
"Includes restricted stock bonus shares, subject to vesting and forfeiture."
Common Stock financial
"security_title: Common Stock; non-derivative transaction reported."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition."
FAQ
What insider transaction did CASS director Frank Wicks report on Form 4?
Director Frank Wicks reported receiving 1,704 shares of Cass Information Systems Common Stock as a grant. The transaction is coded as a grant or award, not an open-market purchase, and reflects compensation rather than a discretionary stock buy.
Was the April 23, 2026 CASS Form 4 transaction a stock purchase or a grant?
The April 23, 2026 transaction was a grant or award of 1,704 Cass Information Systems shares. The Form 4 uses transaction code A, described as a grant, award, or other acquisition, indicating a compensation-related issuance rather than an open-market purchase.
Is Frank Wicks’s ownership in CASS reported as direct or indirect on this Form 4?
Frank Wicks’s ownership is reported as direct on this Form 4. The transaction and resulting 34,021-share position are coded with direct ownership, and there is no indication that an outside entity or trust holds these specific reported shares.