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Agilysys (NASDAQ: AGYS) officer plans 6,000-share 2026 sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

AGILYSYS INC (AGYS) received a notice under Rule 144 for a planned sale of its common stock by officer William David Wood III. The notice lists 6,000 common shares in connection with a prospective sale through Fidelity Brokerage Services LLC, with an indicated date of 08/18/2026 and NASDAQ as the trading venue.

The filing details that the 6,000 shares relate to compensation awards, including a stock appreciation right dated 01/27/2023 and multiple restricted stock vesting events scheduled between 06/30/2024 and 10/31/2025. No sales in the past three months are reported in this notice.

Positive

  • None.

Negative

  • None.
Common shares 6,000 shares Listed in connection with a prospective sale through Fidelity Brokerage Services LLC
Associated value figure $688,324.16 Figure listed in the securities information row for the 6,000 common shares
Prospective sale date 08/18/2026 Date shown in the securities information section for the common shares entry
Stock appreciation right shares 1,740 shares Common shares tied to a SAR dated 01/27/2023 classified as compensation
Restricted stock vesting 06/30/2024 369 shares Common shares from restricted stock vesting on 06/30/2024, compensation-related
Restricted stock vesting 10/31/2024 1,397 shares Common shares from restricted stock vesting on 10/31/2024, compensation-related
Restricted stock vesting 06/30/2025 744 shares Common shares from restricted stock vesting on 06/30/2025, compensation-related
Restricted stock vesting 10/31/2025 1,750 shares Common shares from restricted stock vesting on 10/31/2025, compensation-related
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Appreciation Right financial
"Common | 01/27/2023 | SAR | Issuer |"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Restricted Stock Vesting financial
"Common | 06/30/2024 | Restricted Stock Vesting | Issuer |"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for William Wood."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing mean for AGYS and William David Wood III?

The Form 144 indicates an intention to sell 6,000 AGYS common shares by officer William David Wood III. These shares stem from compensation awards, including stock appreciation rights and restricted stock vesting events between 2023 and 2025.

How many AGYS shares are covered by this Rule 144 notice?

The notice covers 6,000 AGYS common shares in connection with a potential sale through Fidelity Brokerage Services LLC. The shares are tied to prior compensation grants, including a stock appreciation right and several restricted stock vesting events.

When could the AGYS shares listed in the Form 144 be sold?

The filing lists a prospective sale date of 08/18/2026 for the 6,000 AGYS common shares. This date appears alongside NASDAQ as the trading venue in the securities information section of the notice.

Through which broker are the AGYS shares expected to be sold?

The Form 144 identifies Fidelity Brokerage Services LLC as the broker for the potential sale of 6,000 AGYS common shares. Fidelity’s address in Smithfield, Rhode Island, is listed in the securities information section.

What is the origin of the 6,000 AGYS shares listed in the Form 144?

The 6,000 AGYS shares are linked to compensation awards, including a stock appreciation right dated 01/27/2023 and restricted stock vesting events on 06/30/2024, 10/31/2024, 06/30/2025, and 10/31/2025.

Does the Form 144 for AGYS report any recent share sales?

No recent sales are listed; the section for securities sold during the past three months does not report transactions. The notice focuses on the planned sale of 6,000 AGYS common shares tied to prior compensation grants.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature