STOCK TITAN

Asure Software (NASDAQ: ASUR) CFO reports 628-share tax withholding

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Asure Software Inc. Chief Financial Officer John F. Pence reported a tax-withholding disposition of 628 shares of common stock on August 3, 2026 at $8.76 per share. The shares covered tax liability from vesting restricted stock units tied to performance stock units awarded January 1, 2025. Following this transaction, Pence directly holds 297,190 shares.

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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) F1 628 $8.76 $6K
Holdings After Transaction: Asure Software, Inc. Common Stock ($0.01 par value) — 297,190 shares (Direct)
Footnotes (1)
  1. F1. 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 January 1, 2025.
Shares used for tax withholding 628 shares Code F disposition to cover tax liability on RSU vesting
Price per share $8.76 per share Value assigned to the 628-share tax-withholding transaction
Shares held after transaction 297,190 shares Direct holdings of John F. Pence following the Form 4 event
Tax-liability-related shares 628 shares Shares associated with payment of tax liability on January 1, 2025 PSU-related RSUs
restricted stock units financial
"tax liability associated with the vesting of restricted stock units that were originally awarded"
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
"restricted stock 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 liability financial
"These shares represent the payment of tax liability associated with the vesting"

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

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FAQ

What insider transaction did Asure Software (ASUR) disclose for CFO John F. Pence?

Asure Software reported that CFO John F. Pence delivered 628 shares of common stock at $8.76 per share to satisfy tax liability tied to vesting restricted stock units, and now directly holds 297,190 shares.

Was the Asure Software (ASUR) CFO’s Form 4 transaction an open-market sale?

No. The Form 4 shows a code F transaction, indicating shares were withheld or delivered to pay taxes on vesting restricted stock units, rather than an open-market purchase or sale of Asure Software common stock.

How many Asure Software (ASUR) shares does CFO John F. Pence hold after this filing?

After the reported tax-withholding disposition of 628 shares, CFO John F. Pence directly holds 297,190 shares of Asure Software common stock, according to the Form 4 insider ownership information.

What equity awards are linked to the Asure Software (ASUR) CFO’s tax-withholding transaction?

The tax-withholding disposition relates to vesting restricted stock units that were originally granted as settlement of performance stock units on January 1, 2025, reflecting equity-based executive compensation at Asure Software.

What does transaction code F mean in the Asure Software (ASUR) Form 4?

Transaction code F signifies a payment of tax liability by delivering or withholding securities. In this case, 628 Asure Software shares were used to cover taxes due on the vesting of restricted stock units.
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)
08/03/2026
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)08/03/2026F(1)628D$8.76297,190D
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 January 1, 2025.
Remarks:
/s/ John Pence08/04/2026
** 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)