Agilysys (AGYS) director Lisa Pope receives 1,424 RSU award vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pope Lisa reported acquisition or exercise transactions in this Form 4 filing.
Agilysys Inc. director Lisa Pope received a grant of 1,424 restricted stock units, each representing one share of Agilysys common stock. The award was made under the Agilysys, Inc. 2024 Equity Incentive Plan and vests on May 27, 2027. Following this grant, she holds 1,424 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pope Lisa
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: $0.0000 per unit
Underlying common shares: 1,424 shares
+2 more
5 metrics
RSUs granted
1,424 units
Restricted stock units granted to director Lisa Pope
Grant price
$0.0000 per unit
Reported transaction price per restricted stock unit
Underlying common shares
1,424 shares
Common stock underlying granted restricted stock units
Holdings after grant
1,424 RSUs
Total restricted stock units held following transaction
Vesting date
May 27, 2027
Date when restricted stock units vest
Key Terms
Restricted Stock Units, 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.
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock of Agilysys, Inc."
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 Lisa Pope report in this Form 4?
Lisa Pope reported receiving 1,424 restricted stock units from Agilysys Inc. The grant is a stock-based compensation award, not an open-market purchase, and gives her a contingent right to receive the company’s common shares if vesting conditions are met.
How many Agilysys (AGYS) restricted stock units were granted to Lisa Pope?
Lisa Pope was granted 1,424 restricted stock units. Each unit represents a contingent right to receive one share of Agilysys common stock, providing equity-based compensation aligned with the company’s performance and long-term shareholder interests once the units vest.
When do Lisa Pope’s Agilysys (AGYS) restricted stock units vest?
Lisa Pope’s 1,424 restricted stock units vest on May 27, 2027. Vesting means that on this date, subject to applicable conditions, she becomes entitled to receive an equivalent number of Agilysys common shares under the terms of the equity incentive plan.
What does each Agilysys (AGYS) restricted stock unit granted to Lisa Pope represent?
Each restricted stock unit granted to Lisa Pope represents a contingent right to receive one share of Agilysys common stock. The units do not involve a cash exercise price and convert into shares only once the specified vesting date and conditions are satisfied.
Under which plan were Lisa Pope’s Agilysys (AGYS) restricted stock units granted?
The 1,424 restricted stock units were granted under the Agilysys, Inc. 2024 Equity Incentive Plan. This plan authorizes stock-based awards to directors and other participants, aligning their compensation with the company’s equity value over time through vesting schedules.
How many Agilysys (AGYS) restricted stock units does Lisa Pope hold after this transaction?
After this transaction, Lisa Pope holds 1,424 restricted stock units directly. These units are scheduled to vest on May 27, 2027, at which point she would be entitled to receive the same number of Agilysys common shares, assuming plan conditions are fulfilled.