ALLEN BEN F 4
Research Summary
AI-generated summary
Asure Software Director Ben F. Allen Receives 10,000-Share Award
What Happened
Ben F. Allen, a director of Asure Software, was granted 10,000 restricted stock units (RSUs) on 2026-03-10. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 (i.e., no cash paid by the insider). This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely filing).
- Transaction type/code: Award/Grant (A). Shares: 10,000 RSUs; reported acquisition price: $0.00.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: RSUs vest on February 26, 2027 (per filing footnote).
- No indication of immediate sale or cashless exercise — these are time-vesting awards.
Context
RSUs are a form of equity compensation that convert to shares (or cash) only upon vesting; they do not represent immediate open-market buying or selling and are typically part of compensation or retention programs. Such awards are common and do not by themselves signal insider buying or selling intent.