WICKS FRANK 4
Research Summary
AI-generated summary
Cass Information Systems Director Frank Wicks Receives Award
What Happened
- Frank Wicks, a director of Cass Information Systems (CASS), was granted 1,704 shares on April 23, 2026. The award is recorded at $46.94 per share for a total value of $79,986. This transaction is coded as an acquisition/award (A), i.e., restricted stock granted rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-23; Filing date: 2026-04-27 (filed within the standard two-business-day window).
- Price/value: $46.94 per share; total reported value $79,986.
- Shares involved: 1,704 restricted shares awarded.
- Shares owned after transaction: Not reported in this Form 4.
- Footnote: Awarded shares are restricted stock bonus shares subject to vesting and potential forfeiture (per filing footnote).
Context
- This was a restricted stock award (grant), not a sale or market purchase. Restricted awards are typically subject to vesting conditions and do not necessarily indicate immediate buying or selling intent. As a director-level grant, it represents compensation or alignment with company performance rather than an open-market investment.