Asure director exercises options for 5,000 shares

ASURE SOFTWARE INC director Ben F. Allen exercised stock options for 5,000 shares of common stock on May 7, 2026 at an exercise price of $7.86 per share.

Rhea-AI Filing Summary

ASURE SOFTWARE INC director Ben F. Allen exercised stock options for 5,000 shares of common stock on May 7, 2026 at an exercise price of $7.86 per share. These options were part of an employee grant that vested over three years. After the exercise, Allen directly holds 62,645 shares of Asure Software common stock, and the specific option grant exercised in this transaction has been fully used.

Insider Trade Summary

5,000 shares exercised/converted

Exercise 2 txns

Insider ALLEN BEN F

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option (Option to Buy)	5,000	$0.00	$0.00
Exercise	Asure Software, Inc. Common Stock ($0.01 par value)	5,000	$7.86	$39K

Holdings After Transaction: Stock Option (Option to Buy) — 0 contracts (Direct); Asure Software, Inc. Common Stock ($0.01 par value) — 62,645 shares (Direct)

Footnotes (1)

1. F1. Represents grant of employee stock options that vested 1/3rd on the first anniversary of the grant date of May 13, 2021, (the "Grant Date") and the remaining 2/3rds vested over a period of two years in equal monthly installments with the last such vesting date being the third anniversary of the Grant Date.

Key Figures

Options exercised: 5,000 shares Exercise price: $7.86 per share Shares owned after: 62,645 shares +2 more

5 metrics

Options exercised 5,000 shares Asure common stock acquired via option exercise on May 7, 2026

Exercise price $7.86 per share Price paid to exercise employee stock options

Shares owned after 62,645 shares Direct Asure common stock holdings after the transaction

Options converted 5,000 options Stock Option (Option to Buy) converted into common stock

Option expiration May 13, 2026 Expiration date of the employee stock option grant

Key Terms

Stock Option (Option to Buy), derivative security, employee stock options, vesting

4 terms

Stock Option (Option to Buy) financial

"security_title: "Stock Option (Option to Buy)""

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

employee stock options financial

"Represents grant of employee stock options that vested 1/3rd on the first anniversary"

Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.

vesting financial

"remaining 2/3rds vested over a period of two years in equal monthly installments"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ASUR director Ben F. Allen report?

Ben F. Allen reported exercising employee stock options for 5,000 Asure Software shares at $7.86 per share. The transaction converted derivative options into common stock without any reported share sale in this filing.

Did Ben F. Allen sell any ASUR shares in this Form 4 filing?

No shares were reported sold in this Form 4. The filing shows only an option exercise converting 5,000 options into common stock, with no open-market sale or disposition indicated in the reported transactions.

How many ASUR shares does Ben F. Allen own after this transaction?

After the reported option exercise, Ben F. Allen directly holds 62,645 shares of Asure Software common stock. This figure reflects his direct ownership position immediately following the May 7, 2026 transaction.

What was the exercise price for Ben F. Allen’s ASUR stock options?

The exercised employee stock options had an exercise price of $7.86 per share. Exercising these options allowed Ben F. Allen to acquire 5,000 shares of Asure Software common stock at that fixed price.

What does the footnote say about Ben F. Allen’s ASUR option grant?

The footnote explains the options were an employee grant dated May 13, 2021, vesting one-third after one year and the remaining two-thirds in equal monthly installments over the following two years until the third anniversary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 04:32 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

ALLEN BEN 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Asure Software, Inc. Common Stock ($0.01 par value)	05/07/2026		M		5,000	A	$7.86	62,645	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Option to Buy)	$7.86	05/07/2026		M			5,000	(1)	05/13/2026	Asure Software, Inc. Common Stock ($0.01 par value)	5,000	$0	0	D

Explanation of Responses:

1. Represents grant of employee stock options that vested 1/3rd on the first anniversary of the grant date of May 13, 2021, (the "Grant Date") and the remaining 2/3rds vested over a period of two years in equal monthly installments with the last such vesting date being the third anniversary of the Grant Date.

Remarks:

	/s/ Ben Francis Allen	05/11/2026
	** Signature of Reporting Person	Date
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)