Asure Software (NASDAQ: ASUR) director awarded 10,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lee Grace G. reported acquisition or exercise transactions in this Form 4 filing.
ASURE SOFTWARE INC director Grace G. Lee received a compensation grant of 10,000 shares of Asure Software common stock. These are restricted stock units that vest on February 26, 2027, meaning the shares are earned over time rather than purchased in the market.
Following this award, Lee directly holds a total of 43,142 shares of Asure Software common stock. This filing reflects a non-cash equity grant, which is a standard form of director compensation and does not represent an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Grace G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Asure Software, Inc. Common Stock ($0.01 par value) | 10,000 | $0.00 | -- |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 43,142 shares (Direct)
Footnotes (1)
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FAQ
What did Grace G. Lee report in the latest ASUR Form 4 filing?
Grace G. Lee reported receiving a grant of 10,000 restricted stock units of Asure Software common stock. The award is a form of equity compensation, not an open-market purchase, and increases her directly held position to 43,142 shares after the transaction.
Is the ASUR Form 4 transaction by Grace G. Lee a stock purchase or a grant?
The transaction is a grant of restricted stock units, not a market purchase. The Form 4 shows code "A" for award acquisition, with 10,000 RSUs granted at no cash price as part of Grace G. Lee’s director compensation package.
When do Grace G. Lee’s 10,000 Asure Software restricted stock units vest?
The 10,000 restricted stock units granted to Grace G. Lee vest on February 26, 2027. Vesting means she will fully earn the shares on that date, assuming applicable service or other conditions are satisfied through the vesting period.
Does the ASUR Form 4 filing show any stock sales by Grace G. Lee?
The filing does not show any stock sales by Grace G. Lee. It only reports a single acquisition transaction coded as a grant of 10,000 restricted stock units, with no corresponding dispositions or open-market selling activity disclosed in this Form 4.