Erdbruegger Dwight D 4

What Happened
Dwight D. Erdbruegger, President of CASS INFORMATION SYSTEMS INC (CASS), was granted 2,318 restricted shares on January 22, 2026 (transaction code A). The filing reports an acquisition price of $0 and a total reported value of $0. The award is a restricted stock bonus subject to vesting and potential forfeiture.

Key Details

• Transaction date: 2026-01-22; Filing date: 2026-01-26 (appears timely).
• Shares granted: 2,318; reported price: $0. Total reported value: $0.
• Shares owned after the transaction: not specified in the provided filing data.
• Footnotes: F1 — restrictions cliff expire on the third anniversary of the award; F2 — includes restricted stock bonus shares subject to vesting and forfeiture.
• Transaction type: A (award/grant) — not an open-market purchase or sale.

Context
This was a compensation grant (restricted stock bonus) rather than a market purchase or sale. Restricted shares typically vest over time (here, a three-year cliff) and can be forfeited if conditions aren't met, so they may not reflect immediate insider buying or selling intent. Future Form 4 filings will show vesting outcomes or any subsequent sales.