CASS Director Randall Schilling Receives 236-Share Award

What Happened
Randall L. Schilling, a director of Cass Information Systems, received a grant/award of 236 shares on 2026-09-10. The shares were recorded at $55.08 each for a total value of $12,999. This was an award/grant of restricted stock (compensation), not an open-market purchase.

Key Details

• Transaction date: 2026-09-10; filing date: 2026-09-11 (timely filing).
• Price per share: $55.08; total reported value: $12,999.
• Shares received: 236 restricted stock bonus shares (transaction code A).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: These are restricted stock bonus shares subject to vesting and potential forfeiture.

Context
Restricted stock awards are typically compensation and subject to vesting schedules, so they do not necessarily reflect immediate buying or selling intent. They should be viewed as part of director pay rather than a market-confidence signal.