Pence John F 4

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.