WICKS FRANK 4
Research Summary
AI-generated summary
CASS Director Frank Wicks Receives 262 Restricted Shares
What Happened Frank Wicks, a director of Cass Information Systems, received an award of 262 shares on 2026-06-11. The filing lists the acquisition price as $49.44 per share, for a total reported value of $12,953. The transaction is reported as an award/grant (code A).
Key Details
- Transaction date: 2026-06-11; filing date: 2026-06-12 (Form 4 accession 0001201187-26-000006).
- Shares awarded: 262 at $49.44 each; total value ≈ $12,953.
- Shares owned after the transaction: Not specified in this filing.
- Footnote: Award includes restricted stock bonus shares subject to vesting and forfeiture (per footnote F1).
- Timeliness: Filing filed the day after the reported transaction; no late-filing flag noted.
Context This was a compensation-related restricted stock award to a director, not an open-market purchase or sale. Restricted awards are typically subject to vesting conditions and may be forfeited if conditions aren't met, so they don't necessarily signal immediate insider buying or selling intent.