Form 4: ASUR CEO Goepel Granted 100,000 Restricted Stock Units

ASURE SOFTWARE INC's Chairman & CEO, Patrick Goepel, was granted 100,000 restricted stock units, increasing his beneficial ownership to 1,407,622 shares.

Summary

• Patrick Goepel, Chairman & CEO of ASURE SOFTWARE INC (ASUR), was granted 100,000 shares of Asure Software, Inc. Common Stock ($0.01 par value) on January 1, 2026.
• The acquisition was a grant of restricted stock units (RSUs) with a transaction price of $0 per share.
• Following this transaction, Patrick Goepel beneficially owns 1,407,622 shares of Asure Software, Inc. Common Stock.
• The restricted stock units vest 1/3rd on the first anniversary of the Grant Date and the remaining 2/3rds vest over a period of two years in equal quarterly installments, with the last vesting date being the third anniversary of the Grant Date.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to the CEO is a positive signal for management alignment and retention, though it is a routine compensation event rather than a performance indicator.

Positives

• The grant of restricted stock units to the Chairman & CEO aligns management's long-term interests with those of shareholders, incentivizing sustained company performance.
• This form of equity compensation is a common strategy for executive retention and motivation.

Negatives

• The grant of restricted stock units, while not immediately dilutive, represents potential future dilution to existing shareholders upon vesting.
• There is no immediate cash investment by the CEO in this transaction, as the price of the grant was $0.

Risks

• The value of the restricted stock units upon vesting is subject to the future market price fluctuations of Asure Software, Inc. Common Stock.
• The vesting schedule means the shares are not immediately owned by the CEO and are contingent on continued employment and potentially other performance conditions (though not specified in this filing).

Future Outlook

The vesting schedule for the restricted stock units indicates a future increase in Patrick Goepel's direct ownership of company stock over a three-year period, contingent on the vesting conditions.

Industry Context

The grant of restricted stock units to a Chairman & CEO is a common practice in the technology and software industry for executive compensation, aiming to align leadership incentives with long-term shareholder value creation and to retain key talent.

Comparison to Industry Standards

• Granting restricted stock units (RSUs) as a component of executive compensation is a widely adopted practice across various industries, including software, and is considered a standard mechanism for aligning executive interests with long-term company performance.
• The vesting schedule, typically over several years, is also standard, promoting executive retention and sustained focus on strategic goals.

Related Party Transactions

• The grant of 100,000 restricted stock units to Patrick Goepel, the Chairman & CEO, constitutes a related party transaction as it involves compensation from the company to a key executive.

Stakeholder Impact

• Shareholders: The RSU grant aims to align the CEO's interests with long-term shareholder value, potentially leading to more focused strategic decisions.
• Employees (CEO): Patrick Goepel receives significant equity compensation, incentivizing his continued leadership and performance.

Next Steps

• The restricted stock units will vest according to the specified schedule: 1/3rd on the first anniversary of the grant date, and the remaining 2/3rds over two years in equal quarterly installments, concluding on the third anniversary of the grant date.

Key Dates

Keywords

ASUR, Asure Software, Patrick Goepel, Form 4, Restricted Stock Units, RSU, Equity Compensation, Insider Transaction, CEO, Director, Stock Grant