Agilysys CEO plans to sell up to 300k shares under 10b5-1 plan; first personal sale in tenure

AGILYSYS INC

Ramesh Srinivasan intends to adopt 10b5-1 plan to sell up to 300,000 shares of AGYS common stock, primarily from exercising Stock-Settled Appreciation Rights expiring Aug 10, 2024.
This is his first such stock sale during tenure, aside from ~70,000 shares sold in June 2021 to cover SSAR tax withholding.
Sales expected between April and August 2024; proceeds for diversification, tax payments, trusts, and charitable contributions.
Srinivasan states he will retain all other shares he holds and continues to see strong future prospects for the company.

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