Pence John F 4

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.