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Agilysys (AGYS) insider Ramesh Srinivasan files to sell 66,205 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Agilysys insider Ramesh Srinivasan filed a notice of proposed sale of 66,205 common shares of Agilysys, Inc. to be sold through Fidelity Brokerage Services LLC on or after August 6, 2026 on the NASDAQ market. The shares derive from equity compensation awards, including restricted stock vesting events in 2022, 2023 and 2024 and a stock appreciation right (SAR) in 2024. The filing also reports a sale of 66,205 common shares on August 5, 2026.

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Shares proposed for sale 66,205 shares Common stock to be sold on or after August 6, 2026
Aggregate market value (proposed sale) 7,059,429.91 Value associated with 66,205 common shares in the proposed transaction
Past 3 months sale value 7,257,802.34 Reported for 66,205 common shares sold on August 5, 2026
Restricted stock vesting 2022 4,347 shares Restricted Stock Vesting dated May 24, 2022
Restricted stock vesting 2023 5,168 shares Restricted Stock Vesting dated May 24, 2023
Restricted stock vesting March 2024 11,309 shares Restricted Stock Vesting dated March 10, 2024
Restricted stock vesting May 2024 6,098 shares Restricted Stock Vesting dated May 21, 2024
Stock Appreciation Right shares 39,283 shares SAR compensation dated May 28, 2024
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
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
"Common | 05/24/2022 | 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 | | | 39283"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"

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

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FAQ

What does the Form 144 filing by AGYS insider Ramesh Srinivasan disclose?

The filing discloses an intention to sell 66,205 common shares of Agilysys, Inc. through Fidelity Brokerage Services LLC on or after August 6, 2026 on NASDAQ. It also lists prior equity compensation origins for these shares.

How many Agilysys (AGYS) shares are covered by this Form 144 notice?

The notice covers 66,205 common shares of Agilysys, Inc. The filing ties these shares to various compensation-related grants and vesting events, including restricted stock vesting and a stock appreciation right in 2024.

What is the reported market value of the AGYS shares in the Form 144?

The filing shows an aggregate market value of 7,059,429.91 for the 66,205 common shares proposed for sale. A separate entry for a sale during the past three months lists a value of 7,257,802.34 for the same share amount.

On which exchange are the Form 144 AGYS shares planned to be sold?

The shares are planned to be sold on the NASDAQ market. The Form 144 specifies that 66,205 common shares of Agilysys, Inc. are to be sold on or after August 6, 2026 through Fidelity Brokerage Services LLC.

What prior transactions does the AGYS Form 144 list for the past 3 months?

The filing lists a transaction for 66,205 common shares of Agilysys, Inc. on August 5, 2026 with an aggregate value of 7,257,802.34. This appears under the section for securities sold during the past three months.

What are the sources of the AGYS shares in Ramesh Srinivasan’s Form 144 filing?

The shares come from equity compensation, including restricted stock vesting on May 24, 2022, May 24, 2023, March 10, 2024, May 21, 2024, and a SAR grant dated May 28, 2024, each with specified share amounts.

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