Pence John F 4
4 · ASURE SOFTWARE INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Asure Software (ASUR) CFO John Pence Surrenders 628 Shares for Taxes
What Happened
John F. Pence, Chief Financial Officer of Asure Software (ASUR), had 628 shares withheld/surrendered to satisfy tax withholding associated with the vesting of restricted stock units. The shares were valued at $9.66 each for a total of approximately $6,066. This was a tax-withholding disposition (routine) rather than an open‑market sale.
Key Details
- Transaction date and price: 2026-06-01 at $9.66 per share (total ~$6,066).
- Transaction type/code: F — payment of tax liability via share withholding/surrender.
- Shares owned after transaction: Not specified in the filing excerpt.
- Footnote: The shares were withheld to cover tax liability for RSUs that were originally awarded as settlement of performance stock units on February 27, 2026 (Footnote F1).
- Filing timeliness: No late filing was indicated in the reported Form 4.
Context
Tax-withholding dispositions are common when restricted stock units vest; companies or insiders surrender/withhold a portion of shares to meet employer tax withholding rather than selling shares on the open market. Such transactions generally do not signal a change in insider sentiment about the company.
Insider Transaction Report
- Tax Payment
Asure Software, Inc. Common Stock ($0.01 par value)
[F1]2026-06-01$9.66/sh−628$6,066→ 301,070 total
Footnotes (1)
- [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.