Agilysys (NASDAQ: AGYS) holder files to sell 25,000 shares under Form 144
Rhea-AI Filing Summary
RAMESH SRINIVASAN & SUJATHA SRINIVASAN JT TEN, holders of Agilysys (AGYS) common stock, filed to sell up to 25,000 shares through Morgan Stanley Smith Barney LLC on NASDAQ on 08/07/2026. These shares relate to restricted stock that vested on 06/10/2021 under a registered plan. The filing also notes prior sales of 40,000 shares over the past three months for $4,263,932.00 in aggregate proceeds.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed for sale: 25,000 shares
Aggregate market value of proposed sale: $2,703,805.00
Proposed sale date: 08/07/2026
+3 more
6 metrics
Shares proposed for sale
25,000 shares
Common stock to be sold through Morgan Stanley Smith Barney LLC on NASDAQ
Aggregate market value of proposed sale
$2,703,805.00
Market value reported for 25,000 common shares to be sold
Proposed sale date
08/07/2026
Planned sale date for 25,000 common shares on NASDAQ
Shares sold in past 3 months
40,000 shares
Common shares sold during the past three months by the same filer
Proceeds from past 3-month sales
$4,263,932.00
Aggregate proceeds from 40,000 common shares sold during past three months
Acquisition date of restricted stock
06/10/2021
Restricted stock vesting date under a registered plan for 25,000 shares
Key Terms
Form 144, Restricted Stock Vesting, registered plan, JT TEN
4 terms
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Restricted Stock Vesting Under a Registered Plan"
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.
registered plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
JT TEN financial
"RAMESH SRINIVASAN & SUJATHA SRINIVASAN JT TEN"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale is disclosed for Agilysys (AGYS) in this Form 144?
A shareholder filing as RAMESH SRINIVASAN & SUJATHA SRINIVASAN JT TEN intends to sell up to 25,000 shares of Agilysys common stock through Morgan Stanley Smith Barney LLC on 08/07/2026 on NASDAQ.
What prior Agilysys (AGYS) stock sales are reported in the past three months?
The Form 144 lists prior sales of 40,000 Agilysys common shares during the past three months, with aggregate proceeds of $4,263,932.00, providing recent transaction history for this shareholder.
Which broker is handling the planned Agilysys (AGYS) stock sale?
The planned sale of 25,000 Agilysys common shares will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.