Asure Software (ASUR) grants director 10,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLEN BEN F reported acquisition or exercise transactions in this Form 4 filing.
Asure Software, Inc. director Ben F. Allen received a grant of 10,000 shares of Asure Software common stock as a restricted stock unit award. The grant carries no purchase price and will vest on February 26, 2027. Following this equity award, Allen directly holds 57,645 shares of Asure Software common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALLEN BEN F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Asure Software, Inc. Common Stock ($0.01 par value) | 10,000 | $0.00 | -- |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 57,645 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Asure Software (ASUR) disclose for Ben F. Allen?
Asure Software reported that director Ben F. Allen received a grant of 10,000 shares of common stock as restricted stock units. These were awarded at no cash cost to him and represent equity-based compensation rather than an open-market share purchase or sale.
When do the newly granted restricted stock units for Asure Software (ASUR) vest?
The 10,000 restricted stock units granted to Ben F. Allen vest on February 26, 2027. Vesting means he will fully earn the underlying Asure Software common shares on that date, subject to any continued service or applicable conditions tied to the award.
Was the Asure Software (ASUR) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant of 10,000 restricted stock units. Allen did not pay a purchase price, and no sale proceeds were reported, making this a compensation-related acquisition rather than a trading decision in the open market.
What type of security was granted in the Asure Software (ASUR) Form 4 filing?
The filing shows a grant of Asure Software, Inc. common stock with a $0.01 par value, delivered in the form of 10,000 restricted stock units. These units convert into common shares upon vesting, scheduled for February 26, 2027, provided any award conditions are satisfied.