Asure (ASUR) CFO uses 2,013 shares to cover RSU tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asure Software Chief Financial Officer John F. Pence reported three small share dispositions on April 1, 2026, all classified as tax-withholding events rather than open-market sales. A total of 2,013 shares of common stock at $8.34 per share were delivered to cover tax liabilities tied to the vesting of restricted stock units, including awards originally granted on January 1, 2024, January 1, 2025, and performance stock units settled on February 27, 2026. After these routine withholdings, Pence directly holds 297,732 shares of Asure Software common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Pence John F
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Asure Software, Inc. Common Stock ($0.01 par value) | 389 | $8.34 | $3K |
| Tax Withholding | Asure Software, Inc. Common Stock ($0.01 par value) | 812 | $8.34 | $7K |
| Tax Withholding | Asure Software, Inc. Common Stock ($0.01 par value) | 812 | $8.34 | $7K |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 299,356 shares (Direct)
Footnotes (1)
- 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. These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally granted on January 1, 2024. These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally granted on January 1, 2025.
Key Figures
Tax-withholding shares: 2,013 shares
Disposition price: $8.34 per share
Post-transaction holdings: 297,732 shares
+4 more
7 metrics
Tax-withholding shares
2,013 shares
Total F-code tax-withholding dispositions on April 1, 2026
Disposition price
$8.34 per share
Value applied to all three tax-withholding transactions
Post-transaction holdings
297,732 shares
Direct Asure common stock held by CFO after transactions
Number of tax events
3 transactions
Form 4 F-code tax-withholding dispositions reported
Shares in first event
389 shares
Initial tax-withholding disposition on April 1, 2026
Shares in second event
812 shares
Second tax-withholding disposition on April 1, 2026
Shares in third event
812 shares
Third tax-withholding disposition on April 1, 2026
Key Terms
restricted stock units, performance stock units, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"tax liability associated with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"units that were originally awarded as settlement of performance stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ASUR CFO John F. Pence report on this Form 4?
John F. Pence reported three small share dispositions totaling 2,013 Asure Software common shares. All were tax-withholding events linked to restricted stock unit vesting, not open-market sales, and were executed at $8.34 per share on April 1, 2026.
Were the ASUR CFO’s reported transactions open-market sales or tax withholding?
The reported transactions were tax-withholding dispositions, not open-market sales. Shares were delivered to cover tax liabilities from vesting restricted stock units and performance stock units, as indicated by Form 4 code F and detailed in the accompanying footnotes.