LINDEMANN JAMES J 4

What Happened

• James J. Lindemann, a director of CASS Information Systems, received an award of 301 shares on March 19, 2026. The reported grant is valued at $43.15 per share, totaling $12,988.
• This was an award/grant (compensation) of restricted stock, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-03-19 — 301 shares at $43.15 each (total $12,988).
• Transaction type/code: Award/Grant (A) — restricted stock bonus shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — These are restricted stock bonus shares, subject to vesting and possible forfeiture.
• Filing timeliness: Report filed 2026-03-23 (within the standard two-business-day Form 4 deadline).

Context

• Restricted stock awards are typically compensation and come with vesting conditions; they do not necessarily indicate the insider purchased shares in the market or an immediate buy signal.
• For retail investors, awards like this are routine for directors and executives and should be viewed separately from open-market insider purchases or sales when assessing insider sentiment.