STOCK TITAN

Asure (ASUR) CFO uses 2,013 shares to cover RSU tax liabilities

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pence John F

(Last)(First)(Middle)
C/O ASURE SOFTWARE, INC.
405 COLORADO STREET, SUITE 1800

(Street)
AUSTIN TEXAS 78701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ASURE SOFTWARE INC [ ASUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Asure Software, Inc. Common Stock ($0.01 par value)04/01/2026F389(1)D$8.34299,356D
Asure Software, Inc. Common Stock ($0.01 par value)04/01/2026F812(2)D$8.34298,544D
Asure Software, Inc. Common Stock ($0.01 par value)04/01/2026F812(3)D$8.34297,732D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally granted on January 1, 2024.
3. These shares represent the payment of tax liability associated with the vesting of restricted stock units that were originally granted on January 1, 2025.
Remarks:
/s/ John Pence04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many ASUR shares were withheld for taxes in the latest CFO filing?

A total of 2,013 Asure Software common shares were withheld to satisfy tax liabilities. These shares relate to vesting restricted stock units, including grants from January 1, 2024 and January 1, 2025, and performance stock units settled on February 27, 2026.

At what price were the ASUR tax-withholding shares valued in the Form 4?

The tax-withholding dispositions were valued at $8.34 per Asure Software share. This price was applied across all three transactions reported on April 1, 2026, which together covered the tax obligations from multiple restricted stock unit vesting events.

How many ASUR shares does CFO John F. Pence hold after these transactions?

Following the tax-withholding dispositions, John F. Pence directly holds 297,732 Asure Software common shares. This post-transaction balance reflects the routine share deliveries used to cover tax liabilities on recently vested restricted stock unit and performance stock unit awards.

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.