Kaufman Michael A 4

What Happened
Michael A. Kaufman, a director of Agilysys, Inc. (AGYS), was granted 1,424 restricted stock units (RSUs) on May 27, 2026. The filing reports the award as a derivative acquisition (code A) at $0.00 per unit; the RSUs are a contingent right to receive common stock if vesting conditions are met.

Key Details

• Transaction date: 2026-05-27 (Form 4 filed 2026-05-29).
• Transaction type/code: Grant / Award (A); derivative RSUs reported with $0.00 acquisition price.
• Shares/units granted: 1,424 restricted stock units.
• Vesting: RSUs vest on May 27, 2027 (see footnote).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: (F1) RSUs granted under the 2024 Equity Incentive Plan; each RSU represents a contingent right to one share. (F2) Vesting on 2027-05-27.
• Timeliness: Filing appears timely (filed within standard Form 4 reporting window).

Context
RSU grants are common compensation/retention awards for executives and directors. These units do not represent immediately transferable shares — they convert to stock only if vesting conditions are met (here, one year). This is an award, not a purchase or sale, and does not by itself indicate an immediate change in insider sentiment.