ASUR Director Drew Carl Receives 5,420-Share RSU Award
$ASUR · ASURE SOFTWARE INCResearch Summary
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ASUR Director Drew Carl Receives 5,420-Share RSU Award
What Happened
Drew William Carl, a director of ASURE SOFTWARE INC (ASUR), was granted 5,420 restricted stock units (RSUs) on July 28, 2026. The Form 4 shows an acquisition price of $0.00 (typical for compensation grants), so the reported acquisition value is $0. This is an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-28; Form 4 filed: 2026-07-30 (filed within the standard 2-business-day reporting window).
- Grant size and price: 5,420 RSUs, $0.00 reported acquisition price.
- Vesting: These RSUs vest on May 12, 2027 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Reported promptly (no late filing indicated).
Context
RSUs are a form of equity compensation that typically convert to shares (and taxable income) when they vest; they represent company-paid compensation rather than an insider buying shares on the open market. Such grants are common for directors and employees and should be viewed as compensation disclosures rather than a direct bullish or bearish trade signal.