---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-006263"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:21:04.294517+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-006263
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017024006263/0000950170-24-006263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017024006263/agys-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-006263
- JSON: https://secwatch.observer/filing/0000950170-24-006263.json
- Plain text: https://secwatch.observer/filing/0000950170-24-006263.txt

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