Ben F. Allen exercises 5,000 Asure (ASUR) stock options, holds 62,645 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares exercised/converted
Mixed
2 txns
Insider
ALLEN BEN F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Option to Buy) | 5,000 | $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 shares (Direct, null);
Asure Software, Inc. Common Stock ($0.01 par value) — 62,645 shares (Direct, null)
Footnotes (1)
- [object Object]
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
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.
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.