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.