Agilysys Inc. Chief Commercial Officer Joe Ahmed Youssef filed a Form 4 on November 3, 2026, disclosing the vesting and settlement of restricted stock units and the withholding of shares to cover statutory tax obligations, all transacted on October 30, 2026.

Key Highlights

  • RSU vestings: Two separate RSU tranches vested on October 30, 2026 - 420 RSUs and 1,007 RSUs - converting into common stock on a one-for-one basis for no cash consideration.
  • Shares withheld for taxes: 124 shares were withheld at $115.8 in connection with the 420-RSU vesting, and 296 shares were withheld at $115.8 in connection with the 1,007-RSU vesting, to satisfy statutory tax withholding obligations.
  • No open-market sales: According to the filing, "No shares were sold by the reporting person."
  • Resulting ownership: Following all reported transactions, Youssef directly beneficially owns 20,052 shares of common stock.
  • Remaining RSUs: After the two vestings, 420 RSUs and 2,014 RSUs remain outstanding, vesting per their applicable grant schedules subject to continued service.
  • Issuer: Agilysys Inc., listed on NASDAQ:AGYS.

Youssef RSU Vestings and Tax Withholding Details - October 30, 2026

According to the Form 4 filed by Agilysys Inc. (NASDAQ:AGYS) Chief Commercial Officer Joe Ahmed Youssef, two tranches of restricted stock units vested on October 30, 2026. The first tranche comprised 420 RSUs granted under the Agilysys equity incentive plan, which converted into 420 shares of common stock at no cash cost to the reporting person. The second tranche comprised 1,007 RSUs, also converting into common stock on a one-for-one basis under the same plan.

In connection with each vesting, Agilysys withheld shares to satisfy statutory tax withholding obligations. The filing states that 124 shares were withheld at a price of $115.8 per share following the first vesting, and 296 shares were withheld at $115.8 per share following the second vesting. The filing notes explicitly that these shares were withheld by Agilysys and that no shares were sold by Youssef.

After all four reported transactions, Youssef's direct beneficial ownership stood at 20,052 shares of common stock, according to the filing. On the derivative securities side, the filing reports 420 RSUs and 2,014 RSUs remaining, each vesting per applicable grant schedules and subject to continued service through each vesting date. The Form 4 was signed by Kyle C. Badger as attorney-in-fact on November 3, 2026.

What Was Disclosed

The filing disclosed the vesting of 1,427 total RSUs and withholding of 420 shares at $115.8 per share to cover taxes for Agilysys Chief Commercial Officer Joe Ahmed Youssef on October 30, 2026, resulting in direct ownership of 20,052 shares.