Agilysys (NASDAQ: AGYS) officer plans 6,000-share 2026 sale
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.
Key Figures
Common shares: 6,000 shares
Associated value figure: $688,324.16
Prospective sale date: 08/18/2026
+5 more
8 metrics
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
Key Terms
Rule 144, Stock Appreciation Right, Restricted Stock Vesting, attorney-in-fact
4 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.