Asure Software (ASUR) director exercises options and adjusts share holdings

Rhea-AI Filing Summary

Asure Software Inc. director Bradford S. Oberwager reported an option exercise and related share transactions. On February 3, 2026, he exercised stock options for 1,932 shares of Asure Software common stock at $7.86 per share from a grant originally dated May 13, 2021.

To cover the exercise price, 1,601 shares of common stock were used at a reported price of $9.49 per share. After these transactions, he directly owned 45,420 shares of Asure Software common stock.

SEC Form 4

FORM 4

UNITED 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

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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^*

Oberwager Bradford Scovill

(Last) (First) (Middle)

405 COLORADO STREET, SUITE 1800

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASURE SOFTWARE INC [ ASUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Asure Software, Inc. Common Stock ($0.01 par value)	02/03/2026		M		1,932	A	$7.86	47,021	D
Asure Software, Inc. Common Stock ($0.01 par value)	02/03/2026		F(1)		1,601	D	$9.49	45,420	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Option to Buy)	$7.86	02/03/2026		M			1,932	(2)	05/13/2026	Asure Software, Inc. Common Stock ($0.01 par value)	1,932	$0	0	D

Explanation of Responses:

1. These shares represent the payment of exercise price associated with the exercise of stock options that were originally granted on May 13, 2021.

2. Represents grant of stock options that vested 1/3rd on the first anniversary 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.

Remarks:

	/s/ Bradford S. Oberwager	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Asure Software (ASUR) director Bradford Oberwager report?

Bradford S. Oberwager reported exercising stock options for 1,932 Asure Software common shares at $7.86 per share. The options came from a May 13, 2021 grant with vesting over three years, increasing his directly held common stock before cost coverage.

How many Asure Software (ASUR) shares does Bradford Oberwager hold after this Form 4?

After the reported transactions, Bradford S. Oberwager directly holds 45,420 shares of Asure Software common stock. This reflects the 1,932 shares acquired through option exercise and 1,601 shares used to pay the exercise price, as detailed in the insider filing.

What was the price for Bradford Oberwager’s Asure Software stock option exercise?

The stock options were exercised at $7.86 per share for 1,932 Asure Software common shares. These options were originally granted on May 13, 2021 and vested over three years, culminating in the full exercisability described in the insider ownership report.

Why were 1,601 Asure Software shares used in Bradford Oberwager’s Form 4 filing?

The 1,601 Asure Software common shares represent payment of the exercise price for the options exercised. The filing notes these shares were applied at $9.49 per share to satisfy the cost associated with exercising the May 13, 2021 stock option grant.

What does the May 13, 2021 Asure Software option grant to Bradford Oberwager involve?

The May 13, 2021 stock option grant vested one-third on the first anniversary of the grant date. The remaining two-thirds vested in equal monthly installments over the next two years, so the options were fully vested by the third anniversary, enabling the reported exercise.