Asure Software (ASUR) CFO withholds 389 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asure Software CFO John F. Pence reported a small tax-related share disposition. On May 1, 2026, 389 shares of Asure Software common stock at $9.19 per share were withheld to cover tax liabilities from vested restricted stock units tied to earlier performance stock units.
After this tax-withholding disposition, Pence directly holds 297,343 Asure Software shares. The filing reflects a compensation-related, non–open-market event rather than a discretionary stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
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) | 389 | $9.19 | $4K |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 297,343 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 389 shares
Implied share value: $9.19 per share
Post-transaction holdings: 297,343 shares
+1 more
4 metrics
Tax-withholding shares
389 shares
Shares withheld for tax liability on RSU vesting
Implied share value
$9.19 per share
Price used for tax-withholding disposition
Post-transaction holdings
297,343 shares
Direct ownership after May 1, 2026 transaction
Tax-withholding transactions
1 transaction, 389 shares
Summary of F-code events in this Form 4
Key Terms
restricted stock units, performance stock units, tax-withholding disposition, Form 4
4 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 on February 27, 2026"
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-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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.