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Asure Software (NASDAQ: ASUR) CEO receives 120,000-share performance stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Asure Software Chairman and CEO Patrick Goepel reported an equity award on Form 4. He acquired 120,000 shares of Asure Software common stock on a grant/award basis at a price of $0.00 per share, bringing his directly held stake to 1,527,622 shares after the transaction.

According to a footnote, the award represents the settlement of performance stock units granted on January 1, 2025. Of this award, 38.89% vests on the reported date, with the remainder vesting in equal monthly installments beginning on the first day of the calendar month after that date.

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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
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*
Goepel Patrick

(Last) (First) (Middle)
C/O ASURE SOFTWARE, INC.
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
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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) 02/27/2026 A 120,000(1) A $0 1,527,622 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
Explanation of Responses:
1. Represents the settlement of performance stock units awarded as payment for the achievement of performance metrics granted on January 1, 2025, of which 38.89% vest on the date hereof, with the remainder vesting in equal monthly installments beginning on the first day of the calendar month after the date hereof, as described in the Issuer's proxy statement for the 2025 annual meeting of shareholders.
Remarks:
/s/ Patrick Goepel 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What did Asure Software (ASUR) report in this Form 4 filing?

Asure Software reported that Chairman and CEO Patrick Goepel received an equity grant of 120,000 common shares. The shares were awarded at $0.00 per share as settlement of performance stock units tied to previously established performance metrics.

How many Asure Software (ASUR) shares does Patrick Goepel hold after this grant?

After this equity award, Patrick Goepel directly holds 1,527,622 shares of Asure Software common stock. This figure reflects his updated ownership following the 120,000-share grant disclosed in the Form 4 insider transaction report.

What is the nature of the 120,000-share transaction reported for Asure Software (ASUR)?

The 120,000-share transaction is a grant or award acquisition, not an open-market purchase. It represents settlement of performance stock units that were earned based on metrics described in Asure Software’s 2025 annual meeting proxy statement.

How do the performance stock units for Asure Software (ASUR) vest in this award?

The performance stock units convert into shares with 38.89% vesting on the transaction date. The remaining portion vests in equal monthly installments starting on the first day of the calendar month following the grant’s settlement date.

Did Patrick Goepel pay cash for the Asure Software (ASUR) shares in this Form 4?

Patrick Goepel did not pay cash for these shares; the reported price per share is $0.00. The 120,000 shares were issued as settlement of previously granted performance stock units rather than through a market purchase.

Does this Asure Software (ASUR) Form 4 indicate a buy or sell transaction?

This Form 4 indicates an acquisition through a grant or award, not a sale. The transaction code is “A,” and it reflects settlement of performance stock units into 120,000 common shares awarded to Patrick Goepel.
Asure Software Inc

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262.45M
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Software - Application
Services-computer Integrated Systems Design
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United States
AUSTIN