Agilysys (AGYS) director receives 1,424 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MUTCH JOHN reported acquisition or exercise transactions in this Form 4 filing.
Agilysys director John Mutch reported receiving a grant of 1,424 restricted stock units under the Agilysys, Inc. 2024 Equity Incentive Plan. Each unit represents a contingent right to receive one share of Agilysys common stock. These restricted stock units vest on May 27, 2027, and his reported holdings after the grant are 1,424 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MUTCH JOHN
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
RSU grant price: $0.00 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
RSU grant price
$0.00 per unit
Reported transaction price per restricted stock unit
Underlying common shares
1,424 shares
Each RSU represents one share of common stock
RSUs after transaction
1,424 units
Total restricted stock units following the grant
Vesting date
May 27, 2027
Restricted stock units vest on this date
Key Terms
Restricted Stock Units, Equity Incentive Plan, vest
3 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.
Equity Incentive Plan financial
"Restricted stock units granted under the Agilysys, Inc. 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
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.
FAQ
What did Agilysys (AGYS) director John Mutch report on this Form 4?
Director John Mutch reported receiving 1,424 restricted stock units from Agilysys. The award was made under the company’s 2024 Equity Incentive Plan and is structured so each unit can convert into one share of common stock if the vesting conditions are satisfied.
How many restricted stock units did John Mutch receive from Agilysys (AGYS)?
John Mutch received 1,424 restricted stock units from Agilysys. These units were granted at a reported price of $0.00 per unit as part of an equity incentive award and increase his reported restricted stock unit holdings to a total of 1,424 units following the transaction.
When do John Mutch’s Agilysys (AGYS) restricted stock units vest?
The 1,424 restricted stock units granted to John Mutch vest on May 27, 2027. Vesting means he will then be entitled to receive an equivalent number of Agilysys common shares, assuming he meets any applicable service or other conditions tied to this award.
What does each Agilysys (AGYS) restricted stock unit granted to John Mutch represent?
Each restricted stock unit represents a contingent right to receive one share of Agilysys common stock. The units convert into shares only after vesting on May 27, 2027, in accordance with the terms of the Agilysys, Inc. 2024 Equity Incentive Plan governing the award.