Pence John F 4
4 · ASURE SOFTWARE INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Asure Software (ASUR) CFO John F. Pence Sells 2,013 Shares
What Happened John F. Pence, Chief Financial Officer of Asure Software (ASUR), disposed of 2,013 shares on April 1, 2026 to satisfy tax withholding obligations tied to vesting restricted stock units. The transactions were:
- 389 shares at $8.34 each for $3,244
- 812 shares at $8.34 each for $6,772
- 812 shares at $8.34 each for $6,772 Total value surrendered ≈ $16,788. These were tax-withholding disposals (transaction code F), not open-market sales.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (appears timely).
- Price: $8.34 per share for all lots.
- Shares surrendered: 389 (F1), 812 (F2), 812 (F3); total 2,013 shares.
- Footnotes: F1 = tax withholding for RSUs that settled from performance stock units awarded Feb 27, 2026. F2 = withholding for RSUs granted Jan 1, 2024. F3 = withholding for RSUs granted Jan 1, 2025.
- Shares owned after the transaction: not specified in the provided excerpt—see the full Form 4 for total holdings.
Context These disposals were strictly to cover tax liabilities on vested restricted stock units (a common, routine insider event) rather than discretionary open-market selling. Transaction code F indicates shares were withheld by the company (or sold on the insider's behalf) to satisfy taxes. Such withholding transactions typically do not signal the insider's market view.
Insider Transaction Report
- Tax Payment
Asure Software, Inc. Common Stock ($0.01 par value)
[F1]2026-04-01$8.34/sh−389$3,244→ 299,356 total - Tax Payment
Asure Software, Inc. Common Stock ($0.01 par value)
[F2]2026-04-01$8.34/sh−812$6,772→ 298,544 total - Tax Payment
Asure Software, Inc. Common Stock ($0.01 par value)
[F3]2026-04-01$8.34/sh−812$6,772→ 297,732 total
Footnotes (3)
- [F1]These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally awarded as settlement of performance stock units on February 27, 2026.
- [F2]These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally granted on January 1, 2024.
- [F3]These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally granted on January 1, 2025.