Agilysys (AGYS) director Michael Kaufman receives 1,424 restricted stock units grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kaufman Michael A reported acquisition or exercise transactions in this Form 4 filing.

AGILYSYS INC director Michael A. Kaufman received a grant of 1,424 restricted stock units. These units were awarded on May 27, 2026 under the Agilysys, Inc. 2024 Equity Incentive Plan and each unit represents a contingent right to receive one share of Agilysys common stock.

The restricted stock units vest on May 27, 2027, meaning Kaufman will receive the underlying common shares only if the vesting conditions are satisfied and he remains eligible on that date. This is a compensation-related equity award rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kaufman Michael A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,424	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,424 shares (Direct, null)

Footnotes (1)

Restricted stock units granted under the Agilysys, Inc. 2024 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock of Agilysys, Inc. The restricted stock units vest on May 27, 2027.

Key Figures

RSUs granted: 1,424 units Underlying common shares: 1,424 shares Grant price: $0.0000 per unit +2 more

5 metrics

RSUs granted 1,424 units Restricted stock units awarded to director on May 27, 2026

Underlying common shares 1,424 shares Each unit represents one share of Agilysys common stock

Grant price $0.0000 per unit Equity award, no cash paid by director for RSUs

Shares following transaction 1,424 units Total restricted stock units held after this award

Vesting date May 27, 2027 Date on which the restricted stock units vest

Key Terms

Restricted Stock Units, 2024 Equity Incentive Plan, contingent right, vest

4 terms

Restricted Stock Units financial

"Restricted stock units granted under the Agilysys, Inc. 2024 Equity Incentive Plan."

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.

2024 Equity Incentive Plan financial

"Granted under the Agilysys, Inc. 2024 Equity Incentive Plan."

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock."

vest financial

"The restricted stock units vest on May 27, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 01:59 PM

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)
05/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/27/2026		A		1,424		⁽²⁾	⁽²⁾	Common Stock	1,424	$0	1,424	D

Explanation of Responses:

1. Restricted stock units granted under the Agilysys, Inc. 2024 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock of Agilysys, Inc.

2. The restricted stock units vest on May 27, 2027.

	/s/ Kyle C. Badger, Attorney-in-Fact	05/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

Michael A. Kaufman reported receiving 1,424 restricted stock units as an equity award. The units were granted under Agilysys, Inc.’s 2024 Equity Incentive Plan and represent a right to receive common shares if vesting conditions are met.

How many AGILYSYS INC (AGYS) restricted stock units were granted to Kaufman?

Kaufman was granted 1,424 restricted stock units. Each unit corresponds to one share of Agilysys common stock, providing potential future ownership if the award vests according to the plan’s terms.

When do Michael A. Kaufman’s AGYS restricted stock units vest?

The restricted stock units vest on May 27, 2027. On that date, assuming vesting conditions are satisfied, Kaufman becomes entitled to receive one share of Agilysys common stock for each vested unit.

Is Kaufman’s AGYS Form 4 transaction an open-market stock purchase or sale?

The filing reports a grant of restricted stock units coded as an acquisition (A), not an open-market trade. It reflects equity compensation awarded under a company plan rather than buying or selling shares on the market.

What plan governs the restricted stock unit grant reported by AGYS?

The grant was made under the Agilysys, Inc. 2024 Equity Incentive Plan. This plan authorizes equity-based awards like restricted stock units to directors, aligning their potential future ownership with the company’s long-term performance.