Schilling Randall L 4

What Happened

• Randall L. Schilling, a director of CASS Information Systems, received an award of 1,704 restricted shares on April 23, 2026. The shares are valued at $46.94 each for a total grant value of approximately $79,986. This transaction is an award/grant (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-23; Filing date: 2026-04-27 (appears timely).
• Price per share reported: $46.94; Total value: $79,985.76 (reported as $79,986).
• Shares awarded: 1,704 restricted stock bonus shares, subject to vesting and potential forfeiture (see footnote).
• Shares owned after the transaction: not specified in the filing.
• Transaction type: Award/Grant (A) — typical of compensation, not a market purchase.

Context

• These are restricted stock bonus shares subject to vesting and forfeiture, meaning they may not be freely tradable immediately and are compensation-related.
• Awards by insiders are common as part of pay or retention plans and do not necessarily indicate a personal market purchase or sale.