Agilysys director exercises 973 RSUs into shares

AGILYSYS INC director John Mutch exercised equity awards rather than trading shares in the market.

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.

Insider Trade Summary

973 shares exercised/converted

Exercise 2 txns

Insider MUTCH JOHN

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	973	$0.00	$0.00
Exercise	Common Stock	973	$79.84	$78K

Holdings After Transaction: Restricted Stock Units — 973 contracts (Direct); Common Stock — 32,377 shares (Direct)

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Agilysys (AGYS) shares does John Mutch own after the reported transactions?

After the reported transactions, John Mutch directly holds 32,377 shares of Agilysys Common Stock. This total reflects his position following the exercise of 973 Restricted Stock Units into an equal number of Common Stock shares.

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.

What price was used to convert John Mutch’s Restricted Stock Units into AGYS common shares?

The Restricted Stock Units were converted into Common Stock using an exercise price of $79.84 per share. This price applies to the 973 units that were exercised and converted into 973 Agilysys Common Stock shares on May 22, 2026.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/27/2026 - 06:09 PM Learn about SEC filing dates

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^*

MUTCH JOHN

(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)
05/22/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/22/2026		M		973	A	$79.84	32,377	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$79.84	05/22/2026		M			973	05/22/2026	05/22/2026	Common Stock	973	$0	973	D

Explanation of Responses:

	/s/ Kyle C. Badger, Attorney-in-Fact	05/27/2026
	** 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)