AGILYSYS INC·4

Mar 18, 4:10 PM ET

KEATING MELVIN L 4

Research Summary

AI-generated summary

Updated

Agilysys (AGYS) Director Melvin Keating Buys 400 Shares

What Happened
Melvin L. Keating, a director of Agilysys, made a series of open-market purchases (Transaction code P) totaling 400 shares of AGYS on March 16–17, 2026. The six purchases ranged from $67.98 to $68.49 per share and cost approximately $27,290 in aggregate. These were outright purchases (acquisitions), which are generally more informative to investors than routine sales.

Key Details

  • Transaction dates and amounts:
    • 2026-03-16: 100 shares @ $68.49 = $6,849
    • 2026-03-16: 60 shares @ $68.20 = $4,092
    • 2026-03-17: 65 shares @ $68.10 = $4,427
    • 2026-03-17: 50 shares @ $68.01 = $3,401
    • 2026-03-17: 55 shares @ $67.98 = $3,739
    • 2026-03-17: 70 shares @ $68.32 = $4,782
  • Total purchased: 400 shares for ~$27,290.
  • Transaction type: Open-market purchases (code P).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing date and timeliness: Report filed 2026-03-18; appears to be filed timely under Section 16 reporting rules (within required days).
  • Footnotes/plan references: None noted in the provided data (no 10b5-1 plan or tax-withholding footnotes indicated).

Context
These purchases were direct open-market buys by a company director. Purchases by insiders simply report acquisitions and do not by themselves explain motives; investors often view purchases as a positive signal but should consider them alongside company fundamentals and other insider activity.