Asure Software (NASDAQ: ASUR) CFO reports 628-share tax withholding
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.
Positive
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Negative
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Insider Trade Summary
Net Seller: 628 shares
Net Sell
1 txn
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)
- 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.
Key Figures
Shares used for tax withholding: 628 shares
Price per share: $8.76 per share
Shares held after transaction: 297,190 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, performance stock units, tax liability
3 terms
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.
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.
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.