CASS INFORMATION SYSTEMS INC·4

Jan 26, 12:40 PM ET

Schuckman Matthew Steven 4

Research Summary

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CASS EVP Matthew Schuckman Receives Restricted Stock Award

What Happened
Matthew Steven Schuckman, Executive Vice President of Cass Information Systems (CASS), was granted 1,992 restricted stock bonus shares on January 22, 2026. The Form 4 reports the acquisition price as $0.00 (no cash paid). The award is reported under transaction code A (award/grant).

Key Details

  • Transaction date: 2026-01-22; Form 4 filed 2026-01-26 (appears timely under the two-business-day rule).
  • Shares acquired: 1,992 shares at $0.00 per share (total reported cash outlay $0).
  • Transaction code: A = Award/Grant (restricted stock bonus).
  • Vesting/forfeiture: Footnotes state these are restricted stock bonus shares subject to vesting and forfeiture; restrictions cliff expire on the third anniversary of the award (F1, F2).
  • Shares owned after transaction: not specified in the provided excerpt.

Context
Restricted stock awards are a form of compensation and typically vest over time (here, a three-year cliff). Such grants are standard for executive compensation and do not necessarily indicate the insider is buying or selling based on market views.