STOCK TITAN

[Form 4] Agilysys, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Form 4 filing overview – Agilysys, Inc. (AGYS)

Chief Financial Officer William David Wood III reported a single open-market sale of 321 common shares on 1 Jul 2025 at an average price of $113.39 per share, generating proceeds of roughly $36.4 thousand. The transaction was explicitly disclosed as a “sell-to-cover” to satisfy withholding taxes triggered by the vesting of restricted stock on 30 Jun 2025. Following the sale, the CFO still directly owns 47,288 shares of AGYS, indicating only a 0.7 % reduction in his direct equity position.

No derivative transactions were reported, and the filing lists no changes to option holdings. Because the disposition was limited in size and purpose, it is generally interpreted as routine liquidity management rather than a signal of reduced confidence.

Panoramica della presentazione del Modulo 4 – Agilysys, Inc. (AGYS)

Il Chief Financial Officer William David Wood III ha comunicato una singola vendita sul mercato aperto di 321 azioni ordinarie il 1 luglio 2025 a un prezzo medio di 113,39 $ per azione, generando un ricavo di circa 36,4 mila dollari. La transazione è stata esplicitamente dichiarata come una “vendita per coprire” per soddisfare le imposte da ritenuta scaturite dal consolidamento di azioni vincolate il 30 giugno 2025. Dopo la vendita, il CFO detiene ancora direttamente 47.288 azioni di AGYS, indicando una riduzione del solo 0,7% nella sua posizione azionaria diretta.

Non sono state segnalate transazioni su strumenti derivati e la dichiarazione non riporta variazioni nelle opzioni detenute. Poiché la cessione è stata limitata in dimensioni e finalità, viene generalmente interpretata come una gestione di liquidità di routine piuttosto che come un segnale di ridotta fiducia.

Resumen de la presentación del Formulario 4 – Agilysys, Inc. (AGYS)

El Director Financiero William David Wood III informó una única venta en el mercado abierto de 321 acciones ordinarias el 1 de julio de 2025 a un precio promedio de $113.39 por acción, generando ingresos aproximados de $36.4 mil. La transacción fue explícitamente declarada como una “venta para cubrir” para cumplir con los impuestos retenidos derivados del otorgamiento de acciones restringidas el 30 de junio de 2025. Tras la venta, el CFO aún posee directamente 47,288 acciones de AGYS, lo que indica una reducción de solo el 0.7% en su posición accionaria directa.

No se reportaron transacciones con derivados, ni cambios en las opciones. Dado que la disposición fue limitada en tamaño y propósito, generalmente se interpreta como una gestión rutinaria de liquidez y no como una señal de menor confianza.

Form 4 제출 개요 – Agilysys, Inc. (AGYS)

최고재무책임자(CFO) William David Wood III2025년 7월 1일321주의 보통주를 평균 주당 $113.39에 단일 공개 시장 매도로 보고했으며, 약 $36,400의 수익을 창출했습니다. 이 거래는 2025년 6월 30일 제한 주식이 확정되면서 발생한 원천징수세를 충당하기 위한 '매도-커버(sell-to-cover)'로 명확히 공개되었습니다. 매도 후 CFO는 여전히 AGYS의 47,288주를 직접 보유하고 있어 직접 지분이 단지 0.7% 감소했음을 나타냅니다.

파생상품 거래는 보고되지 않았으며, 옵션 보유 변동도 없습니다. 거래 규모와 목적이 제한적이므로 이는 신뢰 감소 신호보다는 일상적인 유동성 관리로 일반적으로 해석됩니다.

Aperçu du dépôt du formulaire 4 – Agilysys, Inc. (AGYS)

Le directeur financier William David Wood III a déclaré une vente unique sur le marché libre de 321 actions ordinaires le 1er juillet 2025 à un prix moyen de 113,39 $ par action, générant un produit d'environ 36,4 mille dollars. La transaction a été explicitement qualifiée de « vente pour couvrir » afin de satisfaire les impôts à la source déclenchés par l'acquisition des actions restreintes le 30 juin 2025. Après la vente, le CFO détient toujours directement 47 288 actions d'AGYS, ce qui représente une réduction de seulement 0,7 % de sa position en actions directes.

Aucune transaction sur dérivés n'a été signalée, et le dépôt ne mentionne aucun changement dans les options détenues. Étant donné que la cession était limitée en taille et en objectif, elle est généralement interprétée comme une gestion de liquidité de routine plutôt qu'un signe de perte de confiance.

Überblick zur Form 4 Einreichung – Agilysys, Inc. (AGYS)

Finanzvorstand William David Wood III meldete am 1. Juli 2025 einen einzelnen Verkauf von 321 Stammaktien zum Durchschnittspreis von 113,39 $ pro Aktie an einem offenen Markt, wodurch Erlöse von etwa 36,4 Tausend $ erzielt wurden. Die Transaktion wurde ausdrücklich als „Sell-to-Cover“ angegeben, um die Quellensteuer zu begleichen, die durch die Vesting von Restricted Stock am 30. Juni 2025 ausgelöst wurde. Nach dem Verkauf besitzt der CFO weiterhin direkt 47.288 Aktien von AGYS, was nur eine 0,7 % Reduzierung seiner direkten Beteiligung bedeutet.

Keine Derivatgeschäfte wurden gemeldet, und die Einreichung verzeichnet keine Änderungen bei den Optionsbeständen. Da die Veräußerung in Umfang und Zweck begrenzt war, wird sie allgemein als routinemäßiges Liquiditätsmanagement und nicht als Vertrauensverlust interpretiert.

Positive
  • CFO retains 47,288 shares, indicating continued alignment with shareholders despite the small sale.
Negative
  • Insider sale, even if tax-related, can be perceived negatively by some investors watching insider activity closely.

Insights

TL;DR: Small, tax-related insider sale; negligible impact on ownership or outlook.

The CFO’s 321-share disposition equates to <1 % of his stake and <0.002 % of AGYS’s 25 million basic shares outstanding. The ‘sell-to-cover’ annotation clarifies the proceeds fund statutory tax obligations from vested RSUs, a common administrative action. Insider selling tied to withholding tends to have minimal informational value because it is obligatory and non-discretionary. The sizable remaining holding preserves alignment with shareholders. Overall, I classify the filing as neutral, with no material signal for valuation or liquidity.

TL;DR: Governance-neutral event; executive retains significant skin-in-the-game.

The transaction complies with Section 16 reporting rules and was filed within two business days, demonstrating timely disclosure. The CFO continues to own over $5 million worth of equity (based on the sale price), reinforcing incentive alignment. Because the sale was strictly for tax withholding, there is no governance red flag such as opportunistic profit-taking or large stake reduction. I rate the impact as neutral.

Panoramica della presentazione del Modulo 4 – Agilysys, Inc. (AGYS)

Il Chief Financial Officer William David Wood III ha comunicato una singola vendita sul mercato aperto di 321 azioni ordinarie il 1 luglio 2025 a un prezzo medio di 113,39 $ per azione, generando un ricavo di circa 36,4 mila dollari. La transazione è stata esplicitamente dichiarata come una “vendita per coprire” per soddisfare le imposte da ritenuta scaturite dal consolidamento di azioni vincolate il 30 giugno 2025. Dopo la vendita, il CFO detiene ancora direttamente 47.288 azioni di AGYS, indicando una riduzione del solo 0,7% nella sua posizione azionaria diretta.

Non sono state segnalate transazioni su strumenti derivati e la dichiarazione non riporta variazioni nelle opzioni detenute. Poiché la cessione è stata limitata in dimensioni e finalità, viene generalmente interpretata come una gestione di liquidità di routine piuttosto che come un segnale di ridotta fiducia.

Resumen de la presentación del Formulario 4 – Agilysys, Inc. (AGYS)

El Director Financiero William David Wood III informó una única venta en el mercado abierto de 321 acciones ordinarias el 1 de julio de 2025 a un precio promedio de $113.39 por acción, generando ingresos aproximados de $36.4 mil. La transacción fue explícitamente declarada como una “venta para cubrir” para cumplir con los impuestos retenidos derivados del otorgamiento de acciones restringidas el 30 de junio de 2025. Tras la venta, el CFO aún posee directamente 47,288 acciones de AGYS, lo que indica una reducción de solo el 0.7% en su posición accionaria directa.

No se reportaron transacciones con derivados, ni cambios en las opciones. Dado que la disposición fue limitada en tamaño y propósito, generalmente se interpreta como una gestión rutinaria de liquidez y no como una señal de menor confianza.

Form 4 제출 개요 – Agilysys, Inc. (AGYS)

최고재무책임자(CFO) William David Wood III2025년 7월 1일321주의 보통주를 평균 주당 $113.39에 단일 공개 시장 매도로 보고했으며, 약 $36,400의 수익을 창출했습니다. 이 거래는 2025년 6월 30일 제한 주식이 확정되면서 발생한 원천징수세를 충당하기 위한 '매도-커버(sell-to-cover)'로 명확히 공개되었습니다. 매도 후 CFO는 여전히 AGYS의 47,288주를 직접 보유하고 있어 직접 지분이 단지 0.7% 감소했음을 나타냅니다.

파생상품 거래는 보고되지 않았으며, 옵션 보유 변동도 없습니다. 거래 규모와 목적이 제한적이므로 이는 신뢰 감소 신호보다는 일상적인 유동성 관리로 일반적으로 해석됩니다.

Aperçu du dépôt du formulaire 4 – Agilysys, Inc. (AGYS)

Le directeur financier William David Wood III a déclaré une vente unique sur le marché libre de 321 actions ordinaires le 1er juillet 2025 à un prix moyen de 113,39 $ par action, générant un produit d'environ 36,4 mille dollars. La transaction a été explicitement qualifiée de « vente pour couvrir » afin de satisfaire les impôts à la source déclenchés par l'acquisition des actions restreintes le 30 juin 2025. Après la vente, le CFO détient toujours directement 47 288 actions d'AGYS, ce qui représente une réduction de seulement 0,7 % de sa position en actions directes.

Aucune transaction sur dérivés n'a été signalée, et le dépôt ne mentionne aucun changement dans les options détenues. Étant donné que la cession était limitée en taille et en objectif, elle est généralement interprétée comme une gestion de liquidité de routine plutôt qu'un signe de perte de confiance.

Überblick zur Form 4 Einreichung – Agilysys, Inc. (AGYS)

Finanzvorstand William David Wood III meldete am 1. Juli 2025 einen einzelnen Verkauf von 321 Stammaktien zum Durchschnittspreis von 113,39 $ pro Aktie an einem offenen Markt, wodurch Erlöse von etwa 36,4 Tausend $ erzielt wurden. Die Transaktion wurde ausdrücklich als „Sell-to-Cover“ angegeben, um die Quellensteuer zu begleichen, die durch die Vesting von Restricted Stock am 30. Juni 2025 ausgelöst wurde. Nach dem Verkauf besitzt der CFO weiterhin direkt 47.288 Aktien von AGYS, was nur eine 0,7 % Reduzierung seiner direkten Beteiligung bedeutet.

Keine Derivatgeschäfte wurden gemeldet, und die Einreichung verzeichnet keine Änderungen bei den Optionsbeständen. Da die Veräußerung in Umfang und Zweck begrenzt war, wird sie allgemein als routinemäßiges Liquiditätsmanagement und nicht als Vertrauensverlust interpretiert.

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*
Wood William David III

(Last) (First) (Middle)
C/O AGILYSYS, INC.
3655 BROOKSIDE PARKWAY, SUITE 300

(Street)
ALPHARETTA GA 30022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AGILYSYS INC [ AGYS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 07/01/2025 S(1) 321 D $113.39 47,288 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
Explanation of Responses:
1. Shares sold to fund withholding tax obligations arising from the vesting of restricted Common Stock on June 30, 2025 (sell to cover).
/s/ Kyle C. Badger, Attorney-in-Fact 07/03/2025
** 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.

FAQ

How many AGYS shares did the CFO sell on 1 Jul 2025?

He sold 321 shares at an average price of $113.39.

Why did William David Wood III sell Agilysys stock?

The filing states the sale was to cover withholding taxes from restricted stock vesting (sell-to-cover).

What is the CFO's remaining AGYS shareholding after the sale?

He directly owns 47,288 common shares following the transaction.

Does the Form 4 include any option or derivative transactions?

No. Table II reports no derivative securities acquired or disposed.

Is this insider sale considered material to Agilysys investors?

Given the small size (<0.7 % of his holding) and tax nature, analysts view it as non-material.
Agilysys

NASDAQ:AGYS

AGYS Rankings

AGYS Latest News

AGYS Latest SEC Filings

AGYS Stock Data

3.31B
26.72M
4.78%
101.21%
4.4%
Software - Application
Services-computer Integrated Systems Design
Link
United States
ALPHARETTA