ASURE SOFTWARE INC·4

May 4, 6:04 PM ET

Pence John F 4

Research Summary

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Updated

Asure Software (ASUR) CFO John Pence Sells 389 Shares (Tax Withholding)

What Happened
John F. Pence, Chief Financial Officer of Asure Software (ASUR), had 389 shares disposed on May 1, 2026 as payment for a tax liability related to vesting restricted stock units. The shares were valued at $9.19 each for a total of approximately $3,575. This was a tax-withholding disposition tied to vesting, not a discretionary sale signaling market view.

Key Details

  • Transaction date: 2026-05-01; Price per share: $9.19; Total value: ~$3,575.
  • Transaction code: F — payment of exercise price or tax liability (tax withholding/surrender).
  • Footnote: These shares were surrendered to cover taxes on RSUs that vested; those RSUs were originally awarded as settlement of performance stock units on Feb 27, 2026.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Filing date: 2026-05-04 — appears to be filed timely (not noted as late).

Context
Tax-withholding share surrenders are routine when restricted stock units vest: the company withholds or the insider surrenders a portion of shares to satisfy payroll/tax obligations. Such transactions are administrative and do not necessarily indicate the insider’s view of the company’s prospects.