Asure Software Inc (NASDAQ: ASUR) grants 5,420 restricted stock units to director
Rhea-AI Filing Summary
Drew William Carl reported acquisition or exercise transactions in this Form 4 filing.
Asure Software Inc reported that director Drew William Carl received a grant of 5,420 restricted stock units representing common stock on July 28, 2026. These RSUs vest on May 12, 2027, and increase his direct ownership to 118,585 common shares. The award is a non-cash equity grant and was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,420 shares
Net Buy
1 txn
Insider
Drew William Carl
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) — 118,585 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
Holdings after transaction: 118,585 shares
Grant price: $0.0000 per share
+2 more
5 metrics
Restricted stock units granted
5,420 shares
Grant of restricted stock units on July 28, 2026 to director Drew William Carl
Holdings after transaction
118,585 shares
Common stock directly owned by Drew William Carl after the equity award
Grant price
$0.0000 per share
Non-cash award of Asure Software, Inc. common stock restricted stock units
Vesting date
May 12, 2027
Restricted stock units vesting date as described in the award footnote
Par value
$0.01 per share
Par value of Asure Software, Inc. common stock referenced in the security title
Key Terms
restricted stock units, Grant, award, or other acquisition, direct ownership
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.
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
direct ownership financial
"Ownership type for the common stock after the award is direct."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Asure Software (ASUR) disclose in this Form 4?
Asure Software disclosed that director Drew William Carl received a grant of 5,420 restricted stock units of common stock on July 28, 2026. This compensation-related award is recorded as an acquisition of non-derivative securities at a grant price of $0.0000 per share.
When do the new restricted stock units for Asure Software (ASUR) vest?
The 5,420 restricted stock units granted to director Drew William Carl vest on May 12, 2027. Vesting means the units convert into common shares on that date, assuming any applicable service or other conditions in the award agreement are satisfied.
Was the Asure Software (ASUR) equity grant made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not selected, meaning the reported grant was not made pursuant to a Rule 10b5-1 trading plan. It is characterized instead as a standard equity compensation award.
What type of security did Asure Software (ASUR) grant to its director in this Form 4?
The company granted restricted stock units that settle in Asure Software, Inc. common stock ($0.01 par value). These are reported as non-derivative securities, vesting on May 12, 2027, and carrying a grant price of $0.0000 per unit.