Asure Software (ASUR) CFO John Pence Withholds 628 Shares for Taxes

What Happened
John F. Pence, Chief Financial Officer of Asure Software (ASUR), had 628 shares withheld to satisfy tax withholding related to the vesting of restricted stock units. The shares were recorded at $9.06 per share, for a total value of approximately $5,690. This was a tax-withholding/net settlement (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-02 (timely filing).
• Shares withheld/disposed: 628 shares at $9.06 per share; total value ~$5,690.
• Shares owned after transaction: Not disclosed on the provided filing details.
• Footnote: These shares were withheld to pay tax liability on RSUs that vested; those RSUs were originally granted as settlement of performance stock units on January 1, 2025 (see footnote F1).
• Transaction code F indicates tax withholding/net share settlement rather than a sale for cash.

Context
This is a routine tax-withholding event tied to equity vesting (cashless/net share settlement). Such withholdings are administrative and do not necessarily indicate the insider is selling stock for investment reasons. Purchases or open-market sales generally carry more direct signals about insider sentiment than tax-withholding dispositions.