Agilysys director exercises 973 RSUs into shares

Agilysys director Michael A. Kaufman exercised restricted stock units into common shares.

Rhea-AI Filing Summary

Agilysys director Michael A. Kaufman exercised restricted stock units into common shares. On May 22, 2026, he converted 973 restricted stock units into 973 shares of Agilysys common stock at a stated conversion price of $79.84 per share. After these transactions, he directly holds 11,521 shares of common stock and 973 restricted stock units, reflecting a compensation-related increase in his direct equity position without any reported open-market sale.

Insider Trade Summary

973 shares exercised/converted

Exercise 2 txns

Insider Kaufman Michael A

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	973	$0.00	$0.00
Exercise	Common Stock	973	$79.84	$78K

Holdings After Transaction: Restricted Stock Units — 973 contracts (Direct); Common Stock — 11,521 shares (Direct)

Key Figures

RSUs exercised: 973 units Shares acquired via conversion: 973 shares Conversion price: $79.84 per share +2 more

5 metrics

RSUs exercised 973 units Restricted Stock Units converted on May 22, 2026

Shares acquired via conversion 973 shares Common stock received from RSU exercise

Conversion price $79.84 per share Stated conversion/exercise price for RSUs

Common shares held after 11,521 shares Direct Agilysys common stock holdings post-transaction

RSUs held after 973 units Direct restricted stock unit holdings post-transaction

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, derivative security, Form 4

4 terms

Restricted Stock Units financial

"The security title for the derivative transaction is Restricted Stock Units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Exercise or conversion of derivative security financial

"The transaction code description states Exercise or conversion of derivative security."

derivative security financial

"The transaction code description refers to an Exercise or conversion of derivative security."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Form 4 financial

"INSIDER FILING DATA (Form 4) describes this insider transaction report."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Agilysys (AGYS) director Michael A. Kaufman report in this Form 4?

Director Michael A. Kaufman reported exercising derivative securities. He converted 973 restricted stock units into 973 shares of Agilysys common stock, increasing his directly held share count as part of equity compensation rather than through an open-market stock purchase.

How many Agilysys shares did Michael A. Kaufman acquire in the reported transaction?

He acquired 973 shares of Agilysys common stock. These shares resulted from the exercise and conversion of 973 restricted stock units, rather than a cash open-market purchase, reflecting equity compensation becoming directly owned common stock.

What was the conversion price for Michael A. Kaufman’s Agilysys restricted stock units?

The restricted stock units converted at a stated price of $79.84 per share. This price represents the conversion or exercise value used for the 973 units that became 973 shares of Agilysys common stock on the transaction date.

How many Agilysys shares does Michael A. Kaufman own after this Form 4 transaction?

After the transaction, Michael A. Kaufman directly holds 11,521 shares of Agilysys common stock. The Form 4 also shows 973 restricted stock units remaining in his direct holdings, separate from the common shares he now owns.

Did Michael A. Kaufman sell any Agilysys (AGYS) shares in this Form 4 filing?

No sale transactions are reported. The Form 4 only shows acquisition activity through exercise and conversion of 973 restricted stock units into 973 common shares, with no open-market sales or dispositions disclosed in the summarized data.

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

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Accepted by SEC EDGAR 05/27/2026 - 06:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kaufman Michael A

(Last) (First) (Middle)

C/O AGILYSYS, INC.

3655 BROOKSIDE PARKWAY, SUITE 300

(Street)

ALPHARETTA GEORGIA 30022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AGILYSYS INC [ AGYS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/22/2026		M		973	A	$79.84	11,521	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$79.84	05/22/2026		M			973	05/22/2026	05/22/2026	Common Stock	973	$0	973	D

Explanation of Responses:

	/s/ Kyle C. Badger, Attorney-in-Fact	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)