Asure (NASDAQ: ASUR) CRO uses 879 shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asure Software Inc.'s Chief Revenue Officer Eyal Goldstein reported a small tax-related share disposition. On June 1, 2026, 879 shares of Asure Software common stock were withheld at $9.66 per share to cover tax liabilities tied to vesting restricted stock units.
These shares were delivered to satisfy tax obligations associated with restricted stock units that vested from performance stock units originally awarded on February 27, 2026. After this transaction, Goldstein directly holds 422,370 shares of Asure Software common stock, indicating this is a routine compensation-related event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goldstein Eyal
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Asure Software, Inc. Common Stock ($0.01 par value) | 879 | $9.66 | $8K |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 422,370 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 879 shares
Tax-withholding price: $9.66 per share
Shares held after transaction: 422,370 shares
+2 more
5 metrics
Tax-withheld shares
879 shares
Shares delivered to cover tax liability on RSU vesting
Tax-withholding price
$9.66 per share
Value per share for the 879-share tax-withholding disposition
Shares held after transaction
422,370 shares
Direct holdings of Asure common stock after June 1, 2026 transaction
Transaction date
June 1, 2026
Date of tax-withholding disposition reported on Form 4
Award reference date
February 27, 2026
Date performance stock units were originally awarded
Key Terms
restricted stock units, performance stock units, tax-withholding disposition
3 terms
restricted stock units financial
"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
"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.
FAQ
What insider transaction did ASURE SOFTWARE INC (ASUR) report for Eyal Goldstein?
Asure Software reported that Chief Revenue Officer Eyal Goldstein had 879 shares withheld to cover tax liability. The shares relate to vesting restricted stock units from performance stock units awarded on February 27, 2026, and were not an open-market sale.
What triggered the tax liability in the ASUR Form 4 for Eyal Goldstein?
The tax liability arose from the vesting of restricted stock units that were originally awarded as settlement of performance stock units. Those performance stock units were granted on February 27, 2026, and their conversion created the taxable event.