Agilysys (AGYS) director converts 973 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGILYSYS INC director John Mutch exercised equity awards rather than trading shares in the market. On May 22, 2026, he converted 973 Restricted Stock Units into 973 shares of Common Stock at an exercise price of $79.84 per share. Following the transaction, he directly holds 32,377 shares of Common Stock. The filing shows no open-market purchases or sales, only a compensation-related derivative exercise, and no remaining derivative positions are listed after this event.
Positive
- None.
Negative
- None.
Insider Trade Summary
973 shares exercised/converted
Mixed
2 txns
Insider
MUTCH JOHN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 973 | $0.00 | -- |
| Exercise | Common Stock | 973 | $79.84 | $78K |
Holdings After Transaction:
Restricted Stock Units — 973 shares (Direct, null);
Common Stock — 32,377 shares (Direct, null)
Footnotes (1)
Key Figures
RSUs exercised: 973 units
Shares acquired from exercise: 973 shares
Exercise price: $79.84 per share
+1 more
4 metrics
RSUs exercised
973 units
Restricted Stock Units converted to Common Stock on May 22, 2026
Shares acquired from exercise
973 shares
Common Stock received from RSU conversion
Exercise price
$79.84 per share
Conversion or exercise price for Restricted Stock Units
Common shares held after
32,377 shares
Total direct Common Stock holdings following the transaction
Key Terms
Restricted Stock Units, derivative security, Common Stock
3 terms
Restricted Stock Units financial
"he converted 973 Restricted Stock Units into 973 shares of Common Stock"
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.
derivative security financial
"transaction_code_description shows Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"973 Restricted Stock Units were converted into 973 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did AGYS director John Mutch report in this Form 4 filing?
John Mutch reported exercising equity awards, converting 973 Restricted Stock Units into 973 shares of Agilysys Common Stock. This was a derivative exercise transaction, not an open-market purchase or sale, and reflects routine compensation-related activity.
Were there any open-market buys or sells in John Mutch’s latest AGYS Form 4?
No open-market buys or sells were reported. The Form 4 shows only derivative exercises, where 973 Restricted Stock Units were converted into 973 Common Stock shares, with no transactions coded as open-market purchases or sales.
Does John Mutch have remaining derivative positions in Agilysys after this Form 4?
The filing’s derivative position summary is empty, indicating no remaining derivative securities reported after this exercise. The key reported change is the conversion of 973 Restricted Stock Units into 973 Common Stock shares held directly.