Agilysys (NASDAQ: AGYS) director converts 973 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Agilysys Inc. director Dana Sue Jones exercised 973 restricted stock units into common shares. On May 22, 2026, 973 RSUs converted into 973 shares of Agilysys common stock at a stated conversion price of $79.84 per share.
Following the transaction, Jones directly holds 14,829 shares of common stock. The filing shows no open-market sale; the activity reflects a derivative exercise and corresponding issuance of common shares as equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
973 shares exercised/converted
Mixed
2 txns
Insider
Jones Dana Sue
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 973 | $0.00 | -- |
| Exercise | Common Stock | 973 | $79.84 | $78K |
Holdings After Transaction:
Restricted Stock Units — 973 shares (Direct);
Common Stock — 14,829 shares (Direct)
Footnotes (1)
Key Figures
RSUs exercised: 973 units
Common shares received: 973 shares
Exercise price: $79.84 per share
+1 more
4 metrics
RSUs exercised
973 units
Restricted Stock Units converted on May 22, 2026
Common shares received
973 shares
Shares of common stock issued upon RSU exercise
Exercise price
$79.84 per share
Conversion or exercise price for RSUs
Shares held after transaction
14,829 shares
Total direct common stock ownership after exercise
Key Terms
Restricted Stock Units, derivative security, Common Stock
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units"; transaction_shares: "973.0000""
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.
derivative security financial
"transaction_code_description: "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.
Common Stock financial
"security_title: "Common Stock" and underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did AGILYSYS INC (AGYS) report for Dana Sue Jones?
AGILYSYS reported that director Dana Sue Jones exercised 973 restricted stock units, converting them into 973 shares of common stock. This was recorded as a derivative exercise, not an open-market purchase or sale, and increased her directly held share count.
Was the AGILYSYS (AGYS) Form 4 transaction a stock sale or a purchase?
The Form 4 shows a derivative exercise, not an open-market buy or sell. Dana Sue Jones converted 973 restricted stock units into an equal number of common shares, classified as an acquisition through exercise of a derivative security rather than a market trade.
What price is associated with the AGILYSYS (AGYS) RSU exercise reported in this Form 4?
The filing lists a conversion or exercise price of $79.84 per share for the 973 restricted stock units. These RSUs converted into 973 common shares, with the transaction coded as an exercise of a derivative security on May 22, 2026.
What securities were involved in Dana Sue Jones’s AGILYSYS (AGYS) Form 4 filing?
Two securities were involved: 973 restricted stock units as a derivative position, and 973 shares of AGILYSYS common stock received upon exercise. The RSUs were converted into common shares on the same date under transaction code M for derivative exercise.