Cass Information Systems (NASDAQ: CASS) director receives 301-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cass Information Systems director Joseph D. Rupp received a stock award of 301 shares of Common Stock at a value of $43.15 per share. The award is described as restricted stock bonus shares that are subject to vesting and forfeiture conditions.
Following this compensation-related grant, Rupp directly holds 22,015 shares of Cass Information Systems common stock. The filing characterizes the transaction as a grant or award acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RUPP JOSEPH D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 301 | $43.15 | $13K |
Holdings After Transaction:
Common Stock — 22,015 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cass (CASS) report for Joseph D. Rupp?
Cass Information Systems reported that director Joseph D. Rupp received an award of 301 shares of Common Stock. The transaction is coded as a grant or other acquisition, reflecting compensation rather than an open‑market trade.
Was the Cass (CASS) insider transaction an open-market purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, indicating compensation-related restricted stock rather than shares bought directly on the market.
At what value was the Cass (CASS) stock award to Joseph D. Rupp recorded?
The 301-share award to Joseph D. Rupp was recorded at $43.15 per share. This per-share value is used in the Form 4 to indicate the grant price for the restricted stock bonus shares he received.