SEC Form 4 · accession 0001193125-26-340546
AGILYSYS INC · AGYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramesh Srinivasan
Officer — President & CEO · Director
Period of report
Jun 18, 2026
Accepted (ET)
Aug 7, 2026 · 5:33 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000078749
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 18, 2026 | A | 39,135 | A | — | — | Common Stock | 39,135 | 39,135 | D |
| Restricted Stock UnitsF1,F3 | — | Jun 18, 2026 | A | 39,135 | A | — | — | Common Stock | 39,135 | 39,135 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of Agilysys, Inc.
- F2As disclosed by the issuer in its Current Report on Form 8-K filed on June 22, 2026, 26,220 units shall vest on June 18, 2028, and 12,915 units shall vest in four equal quarterly installments on each 90th day following June 18, 2028, subject in each case to continued employment through each applicable vesting date.
- F3As disclosed by the issuer in its Current Report on Form 8-K filed on June 22, 2026, these units are subject to the Issuer's common stock maintaining a volume weighted price for 20 consecutive trading days as follows: 13,045 are subject to a $105 per share price; 13,045 are subject to a $120 per share price; and 13,045 units are subject to a $135 per share price. If achieved prior to June 18, 2028, 67% of the units achieving the price will vest on June 18, 2028, and the remaining 33% will vests in four equal quarterly installments thereafter; if achieved on or after June 18, 2028, 67% of the units achieving the price will vest on the next business day, and the remaining 33% will vests in equal quarterly installments until June 18, 2029; subject in each case to continued employment on the vesting date.