Asure Software Inc. (ASUR) director granted 5,420 RSUs vesting in 2027
Rhea-AI Filing Summary
Oberwager Bradford Scovill reported acquisition or exercise transactions in this Form 4 filing.
Asure Software Inc. director Bradford Scovill Oberwager received a grant of 5,420 restricted stock units representing common stock on July 28, 2026. These units vest on May 12, 2027 and increase his directly held Asure common shares to 60,840, with no cash paid per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,420 shares
Net Buy
1 txn
Insider
Oberwager Bradford Scovill
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Asure Software, Inc. Common Stock ($0.01 par value) F1 | 5,420 | $0.00 | $0.00 |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 60,840 shares (Direct)
Footnotes (1)
- F1. Represents grant of restricted stock units that vest on May 12, 2027.
Key Figures
Restricted stock units granted: 5,420 shares
Total common shares held after grant: 60,840 shares
Vesting date: May 12, 2027
+1 more
4 metrics
Restricted stock units granted
5,420 shares
Grant of restricted stock units on July 28, 2026
Total common shares held after grant
60,840 shares
Director’s direct holdings following the July 28, 2026 award
Vesting date
May 12, 2027
Restricted stock units granted to the director vest on this date
Transaction price per share
$0.0000
Per-share price reported for the stock-based award
Key Terms
restricted stock units, par value, non-derivative
3 terms
restricted stock units financial
"Represents grant of restricted stock units that vest on May 12, 2027."
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.
par value financial
"Common Stock ($0.01 par value) reported as the security title."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
non-derivative financial
"Transaction type is reported as non-derivative common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Asure Software (ASUR) report for July 28, 2026?
On July 28, 2026, Asure Software director Bradford Scovill Oberwager received a grant of 5,420 restricted stock units representing common stock. These awards are a form of equity compensation and are reported at a per-share price of $0.0000.
When do the restricted stock units granted to the ASUR director vest?
The 5,420 restricted stock units granted to the Asure Software director are scheduled to vest on May 12, 2027. Vesting on that date allows the units to convert into shares of common stock, subject to any applicable service or other conditions.
Is this Asure Software (ASUR) insider award tied to a Rule 10b5-1 trading plan?
The report leaves the Rule 10b5-1 checkbox unchecked, so the transaction is not affirmatively identified as occurring under a trading plan. It is presented simply as a grant of restricted stock units awarded to the director as equity compensation.
What type of security was involved in this Asure Software (ASUR) insider transaction?
The transaction involves Asure Software, Inc. Common Stock ($0.01 par value), delivered through a grant of restricted stock units. Each unit represents a right to receive a share of common stock upon vesting, rather than an immediate cash or stock purchase.