Agilysys withholds CFO shares for tax obligations
Remaining unvested RSUs vest under their grant schedules, subject to continued service through each vesting date.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Agilysys Inc. Chief Financial Officer William David Wood III reported the vesting and settlement of 1,338 and 1,776 restricted stock units on October 30, 2026; each tranche converted one-for-one into common stock for no cash consideration. Agilysys withheld 418 shares for statutory tax obligations arising from the lapse of restrictions, and 393 and 522 shares for tax obligations tied to RSU vesting and settlement. No shares were sold by William David Wood III.
Insider Trade Summary
3,114 shares exercised/converted
Exercise
7 txns
Insider
Wood William David III
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4 | 1,338 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F5 | 1,776 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 418 | $115.80 | $48K |
| Exercise | Common Stock F2 | 1,338 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 393 | $115.80 | $46K |
| Exercise | Common Stock F2 | 1,776 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 522 | $115.80 | $60K |
Holdings After Transaction:
Restricted Stock Units — 4,893 contracts (Direct);
Common Stock — 36,833 shares (Direct)
Footnotes (5)
- F1. Represents shares withheld by Agilysys to satisfy statutory tax withholding obligations arising from the lapse of restrictions on restricted shares of Common Stock previously granted under the Agilysys equity incentive plan. No shares were sold by the reporting person.
- F2. Restricted Stock Units (RSUs) convert into common stock of Agilysys, Inc. on a one-for-one basis upon vesting. The shares reported in Table I under Transaction Code "M" were acquired upon the vesting and settlement of RSUs for no cash consideration.
- F3. Represents shares withheld by Agilysys to satisfy statutory tax withholding obligations incurred in connection with the vesting and settlement of restricted stock units. No shares were sold by the reporting person.
- F4. Reflects the vesting of 1,338 RSUs granted under the Agilysys equity incentive plan. The remaining unvested RSUs vest in accordance with their applicable grant schedules, subject to continued service through each vesting date
- F5. Reflects the vesting of 1,776 RSUs granted under the Agilysys equity incentive plan. The remaining unvested RSUs vest in accordance with their applicable grant schedules, subject to continued service through each vesting date
Key Figures
Restricted stock units vested: 1,338 RSUs
Restricted stock units vested: 1,776 RSUs
Shares withheld: 418 shares
+3 more
6 metrics
Restricted stock units vested
1,338 RSUs
October 30, 2026
Restricted stock units vested
1,776 RSUs
October 30, 2026
Shares withheld
418 shares
Statutory tax withholding after restrictions lapsed
Shares withheld
393 shares
Tax withholding tied to RSU vesting and settlement
Shares withheld
522 shares
Tax withholding tied to RSU vesting and settlement
RSU conversion ratio
One-for-one
Conversion into common stock upon vesting
Key Terms
Restricted Stock Units (RSUs), equity incentive plan, statutory tax withholding obligations, vesting and settlement
4 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) convert into common stock"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
equity incentive plan financial
"RSUs granted under the Agilysys 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.
statutory tax withholding obligations financial
"satisfy statutory tax withholding obligations"
vesting and settlement financial
"upon the vesting and settlement of RSUs"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many AGYS restricted stock units did William David Wood III vest?
William David Wood III reported vesting 1,338 RSUs and 1,776 RSUs on October 30, 2026. Each tranche converted one-for-one into common stock for no cash consideration.
How do William David Wood III's remaining AGYS RSUs vest?
The remaining unvested RSUs vest under their applicable grant schedules, subject to continued service through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
