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Asure Software Inc (NASDAQ: ASUR) grants 5,420 restricted stock units to director

(Neutral)
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Form Type
4

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

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Negative

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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)
  1. F1. Represents grant of restricted stock units that vest on May 12, 2027.
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
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."

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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.

How many Asure Software (ASUR) shares does Drew William Carl hold after this grant?

After the grant, Drew William Carl directly owns 118,585 shares of Asure Software common stock. This figure includes the effect of the 5,420 restricted stock units reported in the filing as a non-derivative equity award to the director.

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.
SEC Form 4
FORM 4UNITED 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*
Drew William Carl

(Last)(First)(Middle)
405 COLORADO STREET, SUITE 1800

(Street)
AUSTIN TEXAS 78701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ASURE SOFTWARE INC [ ASUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Asure Software, Inc. Common Stock ($0.01 par value)07/28/2026A(1)5,420A$0118,585D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents grant of restricted stock units that vest on May 12, 2027.
Remarks:
/s/ William Carl Drew07/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)