---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-025381"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:59:25.361005+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Agilysys amends bylaws to strengthen advance notice and proxy solicitation rules

## Summary
- Board adopted First Amendment to Bylaws on May 25, 2023, updating stockholder proposal advance notice procedures.
- Nominating stockholders must disclose intent to solicit proxies for non-Company director nominees under Rule 14a-19.
- Proxies or votes for director nominees from noncompliant stockholders will be disregarded.
- Amendment adds disclosure requirements for stockholders and their nominees to align with SEC universal proxy rules.

## SEC filing metadata
- accession: 0000950170-23-025381
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017023025381/0000950170-23-025381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017023025381/agys-20230525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-025381
- JSON: https://secwatch.observer/filing/0000950170-23-025381.json
- Plain text: https://secwatch.observer/filing/0000950170-23-025381.txt

## Key facts
- Governance Changes
  AGILYSYS INC: Adopted First Amendment to Bylaws revising advance notice procedures, adding Rule 14a-19 compliance requirements, and specifying consequences for non-compliance (effective 2023-05-25).
  - Change: bylaw amendment
  - Effective: 2023-05-25
  source text: Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On May 25, 2023, the Board of Directors (the "Board") of Agilysys, Inc. (the "Company"), adopted the First Amendment (the "Amendment") to the Company's Bylaws. The Amendment, among other things: • revises the advance notice procedures for stockholder proposals to require certain additional disclosures with respect to nominating stockholders, their proposed nominees and other persons related to a stockholder's solicitation of proxies; • adds a requirement for a stockholder submitting a nomination notice to make a representation as to whether such stockholder intends to solicit proxies in support of director nominees other than the Company's nominees in accordance with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and, on request of the Company, to provide reasonable evidence that certain requirements of such rule have been satisfied; and • specifies that any proxies or votes solicite
  evidence_url: https://www.sec.gov/Archives/edgar/data/78749/000095017023025381/0000950170-23-025381-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.