Was the CEO’s Agilysys (AGYS) share transaction a market purchase or sale?

No, the filing shows a grant, award, or other acquisition, not a market trade. The 8,607 shares were issued at $0.00 per share under a company equity incentive plan upon attainment of specified performance goals, rather than bought or sold on the open market.

Agilysys (AGYS) CEO awarded 8,607 shares tied to FY 2026 performance

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SRINIVASAN RAMESH reported acquisition or exercise transactions in this Form 4 filing.

Agilysys, Inc. President & CEO Ramesh Srinivasan reported an equity award of 8,607 shares of common stock. The shares were granted at $0.00 per share under the Agilysys, Inc. 2024 Equity Incentive Plan upon attainment of certain performance goals for the fiscal year ended March 31, 2026.

Following this grant, Srinivasan directly holds 808,491 shares of common stock. Separately, an indirect line shows 60,000 shares held by the Ramesh and Sujatha Srinivasan Living Trust, reflecting additional ownership through that trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SRINIVASAN RAMESH

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,607	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 808,491 shares (Direct, null); Common Stock — 60,000 shares (Indirect, By Ramesh and Sujatha Srinivasan Living Trust)

Footnotes (1)

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Key Figures

Equity award size: 8,607 shares Grant price: $0.00 per share Direct holdings after grant: 808,491 shares +3 more

6 metrics

Equity award size 8,607 shares Grant, award, or other acquisition of common stock

Grant price $0.00 per share Price per share for the 8,607-share award

Direct holdings after grant 808,491 shares Common stock held directly by CEO after transaction

Indirect trust holdings 60,000 shares Common stock held by Ramesh and Sujatha Srinivasan Living Trust

Transaction date May 26, 2026 Date of reported transactions

Plan reference 2024 Equity Incentive Plan Plan under which 8,607 shares were granted

Key Terms

Agilysys, Inc. 2024 Equity Incentive Plan, Grant, award, or other acquisition, performance goals, Living Trust

4 terms

Agilysys, Inc. 2024 Equity Incentive Plan financial

"Shares granted under the Agilysys, Inc. 2024 Equity Incentive Plan upon the attainment of certain performance goals"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

performance goals financial

"upon the attainment of certain performance goals for the fiscal year ended March 31, 2026"

Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.

Living Trust financial

"By Ramesh and Sujatha Srinivasan Living Trust"

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 08:05 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^*

SRINIVASAN RAMESH

(Last)

(First)

(Middle)

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
X	Officer (give title below)	Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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)
Common Stock⁽¹⁾	05/26/2026		A		8,607	A	$0	808,491	D
Common Stock								60,000	I	By Ramesh and Sujatha Srinivasan Living Trust

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)

Explanation of Responses:

1. 1. Shares granted under the Agilysys, Inc. 2024 Equity Incentive Plan upon the attainment of certain performance goals for the fiscal year ended March 31, 2026.

	/s/ Kyle C. Badger, Attorney-in-Fact	05/28/2026
	** 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 insider transaction did Agilysys (AGYS) CEO Ramesh Srinivasan report on this Form 4?

Ramesh Srinivasan reported receiving 8,607 shares of Agilysys common stock as an equity award. The shares were granted at $0.00 per share under the 2024 Equity Incentive Plan after certain performance goals for the fiscal year ended March 31, 2026 were attained.

How many Agilysys (AGYS) shares does CEO Ramesh Srinivasan hold after the reported grant?

After the grant, Ramesh Srinivasan directly holds 808,491 Agilysys common shares. In addition, a separate indirect entry shows 60,000 shares held by the Ramesh and Sujatha Srinivasan Living Trust, indicating further ownership through that trust structure.

What is the size and price of the equity award granted to the Agilysys (AGYS) CEO?

The award consists of 8,607 shares of Agilysys common stock at $0.00 per share. It was reported as a grant, award, or other acquisition and is tied to performance goals under the Agilysys, Inc. 2024 Equity Incentive Plan.

What role do performance goals play in the Agilysys (AGYS) CEO’s equity award?

The 8,607-share grant was triggered by attaining certain performance goals. The footnote explains that the shares were granted under the Agilysys, Inc. 2024 Equity Incentive Plan upon reaching performance objectives for the fiscal year ended March 31, 2026.