JONES JERRY C 4
Research Summary
AI-generated summary
Agilysys (AGYS) Director Jerry C. Jones Receives Award
What Happened
- Jerry C. Jones, a director of Agilysys, Inc. (AGYS), was granted 1,424 restricted stock units (RSUs) on May 27, 2026. The Form 4 shows an acquisition (award) of 1,424 derivative units at a reported price of $0.00. Each RSU represents a contingent right to one share of Agilysys common stock.
Key Details
- Transaction date: May 27, 2026; filing date: May 29, 2026 (filed within the typical 2-business-day window).
- Security and amount: 1,424 restricted stock units (derivative award) reported at $0.00 per unit.
- Vesting: RSUs vest on May 27, 2027 (per footnote).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes: F1 clarifies RSUs are contingent rights to one share each; F2 states the May 27, 2027 vest date.
- No sale, purchase for cash, option exercise, tax withholding, or 10b5-1 plan was reported in this transaction.
Context
- These RSUs are a compensation award to a director, not an open-market purchase or sale; awards are common and do not by themselves signal a buy/sell opinion.
- Upon vesting the RSUs convert to shares (subject to company plan terms); the Form 4 does not disclose any immediate sale or net-settlement arrangement.