---
schema_version: "secwatch.filing_event.v1"
accession: "0000708781-26-000033"
form_type: "8-K"
ticker: "CASS"
cik: "0000708781"
company_name: "CASS INFORMATION SYSTEMS INC"
filed_at: "2026-10-08T20:41:40+00:00"
generated_at: "2026-10-12T15:25:00.649481+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Cass Information Systems signs consulting deal with retiring exec Erdbruegger at $150/hour; 2,318 RSUs vest

## Summary
- Independent Contractor Agreement dated October 7, 2026 runs through December 31, 2026; either party may terminate on 30 days' written notice.
- Erdbruegger is paid $150.00 per hour, gross and exclusive of taxes and fees, invoiced monthly, for general consulting to Cass and its subsidiaries.
- In consideration of continued availability through Dec 31, 2026, he gets full vesting on all 2,318 time-based restricted stock units granted under the Feb 3, 2026 RSU Agreement.
- Agreement carries non-competition (no substantially similar services to Cass competitors), one-year post-term non-solicitation, confidentiality and IP-assignment covenants.
- Agreement was pre-approved by the Compensation Committee; Christi Reiter, SVP and Chief HR Officer, signed for Cass.

## SEC filing metadata
- accession: 0000708781-26-000033
- form_type: 8-K
- ticker: CASS
- cik: 0000708781
- company_name: CASS INFORMATION SYSTEMS INC
- filed_at: 2026-10-08T20:41:40+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708781/000070878126000033/0000708781-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708781/000070878126000033/cass-20261007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708781-26-000033
- JSON: https://secwatch.observer/filing/0000708781-26-000033.json
- Plain text: https://secwatch.observer/filing/0000708781-26-000033.txt

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