Drabik John J 4

What Happened John J. Drabik, a director of Cass Information Systems, received an award of 1,704 shares on April 23, 2026. The award is reported at an acquisition price of $46.94 per share, for a total value of approximately $79,986. The filing lists this as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: April 23, 2026 — 1,704 shares at $46.94 each.
• Total reported value: ~$79,986.
• Transaction type: A (award/grant) — restricted stock bonus shares.
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnote: Shares are restricted stock bonus shares subject to vesting and forfeiture.
• SEC filing date: April 27, 2026 (Form 4 accession 0001793881-26-000004).

Context This was an award of restricted stock, which typically vests over time and may be forfeited if vesting conditions aren’t met; it is not an immediate sale. Awards like this increase reported insider ownership but do not by themselves indicate the insider’s intent to buy or sell more shares.