Agilysys (AGYS) director awarded 1,424 restricted stock units vesting in 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

COLVIN DONALD A reported acquisition or exercise transactions in this Form 4 filing.

Agilysys Inc. director Donald A. Colvin received a grant of 1,424 restricted stock units (RSUs). These RSUs were awarded at no cash cost under the Agilysys, Inc. 2024 Equity Incentive Plan, with each unit representing a contingent right to one share of common stock.

The 1,424 RSUs vest on May 27, 2027, meaning the shares are earned over time rather than immediately. After this grant, Colvin holds 1,424 RSUs directly, reflecting a routine, compensation-related equity award rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider COLVIN DONALD 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 Grant price per RSU: $0.0000 per unit Underlying common shares: 1,424 shares +2 more

5 metrics

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

Grant price per RSU $0.0000 per unit Equity compensation, not open-market purchase

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

Post-grant RSU holdings 1,424 units Total restricted stock units held following the transaction

Vesting date May 27, 2027 Date when the restricted stock units are scheduled to vest

Key Terms

Restricted Stock Units, Agilysys, Inc. 2024 Equity Incentive Plan, vest, contingent right

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.

Agilysys, Inc. 2024 Equity Incentive Plan financial

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

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.

contingent right financial

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

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 - 10:57 AM

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^*

COLVIN DONALD 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 Agilysys (AGYS) director Donald A. Colvin report on this Form 4?

Donald A. Colvin reported receiving a grant of 1,424 restricted stock units. These units were issued as equity compensation and each represents a contingent right to receive one share of Agilysys common stock, subject to future vesting conditions.

How many restricted stock units did the Agilysys (AGYS) director receive?

The director received 1,424 restricted stock units in this transaction. These RSUs were granted at a stated price of $0.0000 per unit as part of an equity incentive award rather than an open-market stock purchase.

When do the newly granted Agilysys (AGYS) restricted stock units vest?

The restricted stock units vest on May 27, 2027. Vesting means the director will earn the underlying Agilysys common shares over time, provided the vesting conditions under the 2024 Equity Incentive Plan are satisfied through that date.

Is this Agilysys (AGYS) Form 4 a stock purchase or a compensation grant?

This Form 4 reflects a compensation grant, not an open-market stock purchase. The 1,424 restricted stock units were awarded under the Agilysys, Inc. 2024 Equity Incentive Plan at a transaction price of $0.0000 per unit.

How many Agilysys (AGYS) restricted stock units does the director hold after this filing?

After this grant, the director holds 1,424 restricted stock units directly. These RSUs represent potential future shares of Agilysys common stock, contingent on vesting by May 27, 2027 under the terms of the equity plan.