{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-276749","form_type":"8-K","ticker":"AGYS","cik":"0000078749","company_name":"AGILYSYS INC","filed_at":"2026-06-22T12:30:16+00:00","discovered_at":"2026-06-22T12:35:00.243127+00:00","generated_at":"2026-06-22T12:35:20.585714+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Agilysys enters new 3-year CEO employment agreement with Ramesh Srinivasan; $6.8M RSU grant","bullets":["Base salary remains $600,000/year; target bonus 100% of base salary, max 150%, paid in stock.","Equity grant of 78,269 RSUs ($6.8M): 50% time-based, 50% performance-based with stock price targets of $105, $120, $135.","Initial term is three years with automatic one-year renewals unless 90-day non-renewal notice given.","Severance: two years' base salary plus two times target bonus if terminated without cause or for good reason.","Non-competition and non-solicitation obligations apply during employment and for 24 months after termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-276749","json":"https://secwatch.observer/filing/0001193125-26-276749.json","markdown":"https://secwatch.observer/filing/0001193125-26-276749.md","text":"https://secwatch.observer/filing/0001193125-26-276749.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/78749/000119312526276749/0001193125-26-276749-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/78749/000119312526276749/agys-20260622.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T12:35:20.585714+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}