Form 4: Asure Software CFO John Pence Reports Tax Liability Share Disposal
SEC Form 4 Filing
John Pence, CFO of Asure Software, reports the disposal of shares to cover tax liabilities associated with the settlement of performance stock units.
Summary
- On March 12, 2025, John Pence, the Chief Financial Officer of Asure Software, Inc., disposed of 2,258 shares of Asure Software Common Stock at a price of $9.69 per share to cover tax liabilities.
- This transaction was related to the settlement of performance stock units originally granted on January 1, 2024.
- Following the transaction, Pence directly owns 215,552 shares of Asure Software, Inc. Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Original grant date of performance stock units. |
| 03/12/2025 | Date of share disposal for tax liability. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.