ASURE SOFTWARE INC·4

Jul 6, 4:23 PM ET

Pence John F 4

4 · ASURE SOFTWARE INC · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

ASUR CFO John Pence Sells 3,252 Shares for Tax Withholding

What Happened

  • John F. Pence, Chief Financial Officer of Asure Software, had 3,252 shares disposed on July 1, 2026 to satisfy tax withholding associated with vested restricted stock units. The disposals were in three lots: 628 shares, 1,312 shares, and 1,312 shares, each at $8.13 per share, for an aggregate value of about $26,440. The transactions are coded F (tax withholding) rather than open‑market sales.

Key Details

  • Transaction date: July 1, 2026
  • Price per share: $8.13; Shares disposed: 628 + 1,312 + 1,312 = 3,252; Aggregate value ≈ $26,440
  • Filing date with SEC: July 6, 2026 (see full filing for timeliness details)
  • Shares owned after transaction: not specified in the excerpt provided
  • Footnotes: F1 = withholding for RSUs that settled as performance stock units awarded Feb 27, 2026; F2 = withholding for RSUs granted Jan 1, 2024; F3 = withholding for RSUs granted Jan 1, 2025
  • Transaction code: F = shares withheld/disposed to cover tax liability on vesting

Context

  • These were tax‑withholding share surrenders tied to RSU vesting (not a deliberate open‑market sale seeking cash proceeds). Such transactions are routine when restricted shares vest and typically do not by themselves signal the insider’s view of the company’s outlook. For options-related or other derivative events, the filing would note if shares were exercised and immediately sold (cashless exercise); here the filing records only withholding to satisfy tax obligations.

Insider Transaction Report

Form 4
Period: 2026-07-01
Pence John F
Chief Financial Officer
Transactions
  • Tax Payment

    Asure Software, Inc. Common Stock ($0.01 par value)

    [F1]
    2026-07-01$8.13/sh628$5,106300,442 total
  • Tax Payment

    Asure Software, Inc. Common Stock ($0.01 par value)

    [F2]
    2026-07-01$8.13/sh1,312$10,667299,130 total
  • Tax Payment

    Asure Software, Inc. Common Stock ($0.01 par value)

    [F3]
    2026-07-01$8.13/sh1,312$10,667297,818 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.
Signature
/s/ John Pence|2026-07-06

Documents

1 file
  • 4
    wk-form4_1783369428.xmlPrimary

    FORM 4