Jones Dana Sue 4

What Happened

• Dana Sue Jones, a director of Agilysys Inc. (AGYS), exercised stock options on 2026-05-22 to acquire 973 shares at an exercise price of $79.84 per share, for a total outlay of $77,684.
• The Form 4 also records a simultaneous disposition of 973 shares as a derivative at $0.00 (code M), which the filing lists separately from the paid acquisition.

Key Details

• Transaction date: 2026-05-22. Filing date: 2026-05-27.
• Exercise details: 973 shares acquired @ $79.84 = $77,684 (code M — option exercise).
• Disposition: 973 shares reported as disposed at $0.00 (derivative entry also coded M).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Timeliness: The Form 4 was filed five days after the transaction date; this appears later than the SEC’s typical two-business-day reporting window and may be marked late in the filing record.
• No 10b5-1 plan, tax-withholding footnote, or other explanatory footnotes are included in the provided details.

Context

• Code M indicates an option exercise. The paired $0.00 disposition entry frequently appears when exercises are net-settled or shares are withheld for taxes or option costs; the filing itself does not state whether shares were sold, withheld, or retained for the director.
• An option exercise is not the same as an open-market purchase or sale: it reflects converting options into underlying shares. For retail investors, exercises can be routine and do not necessarily signal a view on the company’s near-term stock price.