Clermont Ralph W 4

What Happened

• Ralph W. Clermont, a director of Cass Information Systems, received a grant/award of 301 restricted shares on 2026-03-19. The award was reported at $43.15 per share, with a total value of $12,988. This transaction is recorded as an acquisition/award (transaction code A).

Key Details

• Transaction date: 2026-03-19; filing date: 2026-03-23.
• Price per share: $43.15; total reported value: $12,988.
• Shares received: 301 restricted stock bonus shares (see footnote).
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: F1 — these are restricted stock bonus shares subject to vesting and forfeiture.
• Filing timeliness: filed on 2026-03-23 for a 2026-03-19 transaction (filing date matches the reported Form 4).

Context

• This was an award/grant of restricted stock (not an open-market purchase or sale). Restricted shares are typically subject to vesting requirements and potential forfeiture until vesting conditions are met, so they may not be immediately tradable. The filing is informational and does not, by itself, indicate the director’s intent to buy or sell additional shares.