---
schema_version: "secwatch.filing_event.v1"
accession: "0000708781-25-000004"
form_type: "8-K"
ticker: "CASS"
cik: "0000708781"
company_name: "CASS INFORMATION SYSTEMS INC"
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T12:13:48.350968+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cass Info Systems awards RSUs to named executives, amends bylaws to declassify board

## Summary
- Board grants 8,303 time-based and 12,455 performance-based RSUs to CEO Martin Resch; other NEOs get proportional awards.
- Bylaws amended to declassify board: directors elected at 2025 annual meeting will serve one-year terms, full declassification by 2027.
- Advance notice requirements for shareholder proposals and director nominations enhanced, including disclosure of interests and proxy intentions.
- RSUs cliff-vest after three years; performance-based RSUs (60%) tied to EPS and ROE goals, payout 0%-150% of target.
- Dividend equivalents accrue on time-based RSUs; no dividends on unearned performance-based RSUs.

## SEC filing metadata
- accession: 0000708781-25-000004
- form_type: 8-K
- ticker: CASS
- cik: 0000708781
- company_name: CASS INFORMATION SYSTEMS INC
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708781/000070878125000004/0000708781-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708781/000070878125000004/cass-20250121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708781-25-000004
- JSON: https://secwatch.observer/filing/0000708781-25-000004.json
- Plain text: https://secwatch.observer/filing/0000708781-25-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.