Agilysys (AGYS) director exercises 973 RSUs into common stock

Rhea-AI Filing Summary

AGILYSYS INC director Donald A. Colvin exercised restricted stock units into common shares. On 2026-05-22, he converted 973 restricted stock units into 973 shares of common stock at an implied value of $79.84 per share.

After this compensation-related exercise, Colvin directly holds 25,565 shares of Agilysys common stock. The Form 4 does not report any open-market purchases or sales, only the derivative exercise and resulting share ownership.

Insider Trade Summary

973 shares exercised/converted

Mixed 2 txns

Insider COLVIN DONALD A

Role null

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

Holdings After Transaction: Retricted Stock Units — 973 shares (Direct, null); Common Stock — 25,565 shares (Direct, null)

Footnotes (1)

Key Figures

RSUs exercised: 973 units Shares acquired: 973 shares Implied exercise price: $79.84 per share +1 more

4 metrics

RSUs exercised 973 units Restricted stock units converted on May 22, 2026

Shares acquired 973 shares Common stock received from RSU exercise

Implied exercise price $79.84 per share Transaction price per common share for RSU conversion

Shares held after transaction 25,565 shares Direct common stock ownership following the exercise

Key Terms

Retricted Stock Units, derivative security, Common Stock

3 terms

Retricted Stock Units financial

"security_title": "Retricted Stock Units""

derivative security financial

"transaction_code_description": "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

"security_title": "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.

Form 4 Insider Transactions: What Each Field Means →

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^*

COLVIN DONALD A

(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	25,565	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
Retricted 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)

FAQ

What insider transaction did AGYS director Donald Colvin report?

Donald A. Colvin reported exercising restricted stock units into Agilysys common stock. On 22 May 2026, he converted 973 units into 973 shares, reflecting a compensation-related derivative exercise rather than an open-market purchase or sale.

How many Agilysys (AGYS) shares did Donald Colvin acquire in this Form 4?

Donald A. Colvin acquired 973 shares of Agilysys common stock through exercising restricted stock units. The derivative transaction converted 973 units into the same number of shares, without reporting any additional market buying or selling activity in this filing.

At what price were Donald Colvin’s AGYS restricted stock units exercised?

The restricted stock units were exercised at an implied value of $79.84 per underlying Agilysys share. This figure comes from the stated transaction price per share associated with the 973 common shares received in the May 22, 2026 derivative exercise.

How many AGYS shares does Donald Colvin hold after this transaction?

Following the exercise, Donald A. Colvin directly holds 25,565 shares of Agilysys common stock. This post-transaction balance reflects the addition of 973 shares from the restricted stock unit conversion reported in the Form 4 filing.

Did Donald Colvin sell any Agilysys (AGYS) shares in this Form 4 filing?

The Form 4 shows no sales of Agilysys shares by Donald A. Colvin. It reports only an exercise of 973 restricted stock units into common stock, classified as a derivative exercise or conversion rather than an open-market disposition.