Agilysys Officer Files to Sell ~$50k in Stock for Tax Purposes
AGILYSYS INC
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Filing Summary
Agilysys Officer Files to Sell ~$50k in Stock for Tax Purposes
Company: AGILYSYS INC (AGYS) Form: 144 | Filed: 2025-11-03 Significance: Low
Insider: Robertson Chris J Title: Officer | Relationship: Officer
Transaction: • Type: Proposed Sale • Shares: 400 • Price: ~$124.64 • Value: $49,854 • Owned After: Not Stated
Key Insight: This is a minor, non-discretionary sale intended to cover tax obligations from vested restricted stock. It represents a negligible fraction of the company's market cap and shares outstanding, indicating no change in insider sentiment.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: AGILYSYS INC (AGYS)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An officer at Agilysys filed a notice to sell approximately $50k worth of stock, a routine transaction to cover tax liabilities from vested equity awards.
- Market Impact: The transaction is immaterial and not expected to have any impact on the stock price or market sentiment.
Company Information
| Field | Value |
|---|---|
| Company | AGILYSYS INC |
| Ticker Symbol | AGYS |
| CIK | 0000078749 |
| Industry | SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN |
Insider Information
| Field | Value |
|---|---|
| Name | Robertson Chris J |
| CIK | 0001709455 |
| Title/Position | Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 (Notice of Proposed Sale) |
| Transaction Date | 2025-11-03 (Approximate) |
| Transaction Code | Not Applicable |
| Security Type | Common Stock |
| Shares Involved | 400 |
| Price Per Share | ~$124.64 |
| Total Value | $49,854.20 |
| Shares Owned After | Not Stated |
| Ownership Type | Not Stated |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $49,854.20 |
| % of Market Cap | 0.0014% |
| Shares Transacted | 400 |
| % of Shares Outstanding | 0.0014% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $49.9k transaction is negligible for a company with a $3.52 billion market capitalization.
- Transaction Significance: The sale represents a minuscule fraction of both the market cap and shares outstanding, falling far below any threshold for significance. The filing's remarks explicitly state the sale is to cover tax obligations from vested stock, which is a common, non-discretionary action and not indicative of a change in the insider's outlook on the company.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.