Agilysys (AGYS) Director Donald Colvin Receives RSU Award

What Happened
Donald A. Colvin, a director of Agilysys, Inc. (AGYS), received an award of 1,424 restricted stock units (RSUs) on May 27, 2026. The award was recorded at $0.00 per unit (no cash purchase); the RSUs are a derivative compensation grant that conveys a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-05-27; filing date: 2026-05-29.
• Transaction type/code: Award/Grant (A) — 1,424 restricted stock units granted at $0.00.
• Shares owned after transaction: not specified in the provided filing summary.
• Plan and vesting: RSUs granted under the Agilysys, Inc. 2024 Equity Incentive Plan; each RSU equals a contingent right to one share (Footnote F1). Vesting date: May 27, 2027 (Footnote F2).
• Filing timeliness: filing shows the report was filed two days after the grant; no late filing is indicated in the summary provided.

Context
RSU grants are a form of equity compensation commonly used to align executives and directors with shareholder interests; they do not represent immediate share ownership until they vest and are converted into shares. This award does not involve a cash purchase or an immediate sale of shares.