STOCK TITAN

Agilysys (AGYS) plans $7.26M sale of 66,205 compensation shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Agilysys, Inc. (AGYS) filed a notice of proposed sales of common stock. The plan covers 66,205 common shares to be sold through Fidelity Brokerage Services LLC on or after August 5, 2026 on the NASDAQ market, with an indicated aggregate market value of $7,257,802.34. Shares outstanding are listed as 28,205,788, a baseline figure, not the amount being sold.

The shares derive from equity compensation: 11,309 shares from restricted stock vesting dated March 10, 2025, 49,926 shares from stock appreciation rights (SAR) dated May 28, 2024, and 4,970 shares from restricted stock vesting dated May 21, 2025, each identified as compensation granted by the issuer.

Positive

  • None.

Negative

  • None.
Shares to be sold 66,205 shares Common stock covered by the planned sale
Aggregate market value $7,257,802.34 Value associated with the 66,205 shares to be sold
Shares outstanding 28,205,788 shares Common shares outstanding referenced in the notice
Planned sale date 08/05/2026 Date tied to the proposed NASDAQ sale
Restricted stock vesting (03/10/2025) 11,309 shares Compensation shares identified for sale
SAR grant (05/28/2024) 49,926 shares Stock appreciation right shares identified for sale
Restricted stock vesting (05/21/2025) 4,970 shares Additional compensation shares identified for sale
Restricted Stock Vesting financial
"Common | 03/10/2025 | 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.
SAR financial
"Common | 05/28/2024 | SAR | Issuer"
Compensation financial
"03/10/2025 | Restricted Stock Vesting | Issuer | | | 11309 | 03/10/2025 | Compensation"

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

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FAQ

What amount of Agilysys (AGYS) stock is covered by this planned sale?

The filing covers a proposed sale of 66,205 common shares of Agilysys stock. These shares come from equity compensation grants, including restricted stock vesting and stock appreciation rights, and are planned to be sold through Fidelity Brokerage Services LLC.

What is the aggregate market value of the Agilysys (AGYS) shares in this Form 144?

The aggregate market value of the 66,205 Agilysys shares covered is listed as $7,257,802.34. This value is tied to the planned sale amount and reflects the market valuation used in the notice of proposed sale.

When are the Agilysys (AGYS) shares expected to be sold and on which exchange?

The shares are planned to be sold on or after August 5, 2026 on the NASDAQ market. The notice lists NASDAQ as the trading venue and specifies this date in connection with the proposed transaction.

How were the Agilysys (AGYS) shares in this filing acquired?

The 66,205 shares were acquired through compensation from the issuer, including restricted stock vesting and stock appreciation rights (SAR). Specific acquisition dates include March 10, 2025, May 28, 2024, and May 21, 2025.

How many Agilysys (AGYS) shares are shown as outstanding in this notice?

The document lists 28,205,788 Agilysys common shares as outstanding. This figure provides context for the company’s total share base and is separate from the 66,205 shares covered by the proposed sale.

Who is the broker handling the proposed Agilysys (AGYS) share sale?

The proposed sale is designated to be handled by Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917. This broker is identified in connection with the 66,205 common shares to be sold.

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