Form 4: Cass Information Systems Director Acquires Shares
SEC Form 4 Filing
Frank Wicks, a director at Cass Information Systems, recently acquired 301 shares of common stock at a price of $43.09 per share.
Summary
- On September 19, 2024, Frank Wicks, a director of Cass Information Systems Inc., acquired 301 shares of common stock.
- The purchase price was $43.09 per share.
- Following the transaction, Wicks directly owns 28,480 shares of Cass Information Systems Inc. common stock, including restricted stock bonus shares subject to vesting and forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction indicates a director's investment in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, as it signals a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of transaction: Frank Wicks acquired 301 shares of common stock. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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