Asure director exercises 5,000 options, covers taxes
Asure Software director Bjorn Reynolds reported routine option-related transactions.
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Form Type
4
Rhea-AI Filing Summary
Asure Software director Bjorn Reynolds reported routine option-related transactions. Reynolds exercised stock options for 5,000 shares of Asure Software, Inc. common stock at $7.86 per share and delivered 4,282 shares at $9.18 per share to cover the exercise price and related taxes. Following these transactions, he holds 41,162 shares directly. The filing characterizes the disposition as a tax-withholding event rather than an open-market sale.
Insider Trade Summary
5,000 shares exercised/converted
Exercise
3 txns
Insider
Reynolds Bjorn
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 |
| Exercise Price or Tax Liability | Asure Software, Inc. Common Stock ($0.01 par value) | 4,282 | $9.18 | $39K |
Holdings After Transaction:
Stock Option (Option to Buy) — 0 contracts (Direct);
Asure Software, Inc. Common Stock ($0.01 par value) — 41,162 shares (Direct)
Footnotes (2)
- F1. These shares represent the payment of exercise price associated with the exercise of stock options that were originally granted on May 13, 2021.
- F2. 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
Tax-withholding shares: 4,282 shares
+3 more
6 metrics
Options exercised
5,000 shares
Non-derivative acquisition via option exercise on 2026-05-07 at $7.86
Exercise price
$7.86 per share
Stock option exercise into Asure Software common stock
Tax-withholding shares
4,282 shares
Shares delivered at $9.18 per share to cover exercise price and taxes
Tax-withholding price
$9.18 per share
Value used for tax-withholding disposition on 2026-05-07
Shares owned after transactions
41,162 shares
Direct ownership following reported non-derivative transactions
Option expiration
May 13, 2026
Expiration date of exercised stock option originally granted May 13, 2021
Key Terms
tax-withholding disposition, Exercise or conversion of derivative security, Stock Option (Option to Buy), exercise price
4 terms
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Stock Option (Option to Buy) financial
"security_title": "Stock Option (Option to Buy)""
exercise price financial
"payment of exercise price associated with the exercise of stock options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Asure Software (ASUR) disclose for Bjorn Reynolds?
Asure Software reported that director Bjorn Reynolds exercised stock options for 5,000 shares and used 4,282 shares to cover the exercise price and taxes. These are compensation-related, non‑market transactions rather than open-market buying or selling of ASUR shares.
What stock options did Bjorn Reynolds exercise in this Asure Software (ASUR) filing?
Reynolds exercised a stock option covering 5,000 underlying ASUR shares at an exercise price of $7.86 per share. The footnotes indicate the options were originally granted on May 13, 2021, with vesting over three years ending on the third anniversary of that grant date.
How large was the tax-withholding disposition in the Asure Software (ASUR) Form 4?
The tax-withholding disposition involved 4,282 shares of Asure Software common stock valued at $9.18 per share. These shares were delivered to cover the exercise price and tax liabilities associated with Reynolds’s option exercise, rather than representing a traditional market sale of ASUR stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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