Agilysys (AGYS) SVP Badger sells 3,000 shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGILYSYS SVP, GC and Secretary Kyle C. Badger sold a total of 3,000 shares of common stock in open-market transactions. He sold 1,000 shares at $92.51 per share and 2,000 shares at $92.17 per share. A footnote notes that, since his prior Form 4, he transferred 33,206 shares to his ex-spouse under a domestic relations order, and those shares are no longer beneficially owned by him.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($276,850)
Net Sell
2 txns
Insider
Badger Kyle C
Role
SVP, GC and Secretary
Sold
3,000 shs ($277K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $92.17 | $184K |
| Sale | Common Stock | 1,000 | $92.51 | $93K |
Holdings After Transaction:
Common Stock — 84,437 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,000 shares
First sale price: $92.51 per share
Second sale price: $92.17 per share
+2 more
5 metrics
Shares sold
3,000 shares
Total AGILYSYS common stock sold in open-market transactions
First sale price
$92.51 per share
Price for 1,000 AGILYSYS shares sold
Second sale price
$92.17 per share
Price for 2,000 AGILYSYS shares sold
Net shares sold
3,000 shares
Net buy/sell direction reported as net-sell
Domestic relations transfer
33,206 shares
Previously transferred to ex-spouse under domestic relations order
Key Terms
open-market sale, beneficially owned, domestic relations order, Common Stock, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficially owned financial
"The securities owned by the ex-spouse are not beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
domestic relations order financial
"transferred 33,206 shares of common stock to his ex-spouse pursuant to a domestic relations order"
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Since the date of the reporting person's last Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did AGYS executive Kyle C. Badger report in this Form 4?
Kyle C. Badger reported selling a total of 3,000 AGILYSYS common shares in open-market transactions. The filing also discloses a prior transfer of 33,206 shares to his ex-spouse under a domestic relations order, which are no longer beneficially owned by him.
Was the domestic relations transfer in the AGYS Form 4 a market transaction?
No, the transfer of 33,206 shares to his ex-spouse occurred pursuant to a domestic relations order, not a market trade. The filing clarifies this historical transfer and states that the ex-spouse’s securities are not beneficially owned by Kyle C. Badger.
Does this AGYS Form 4 show any option exercises or derivative transactions?
No, this Form 4 only reports non-derivative common stock sales totaling 3,000 shares. The derivative section is empty in the summarized data, indicating no option exercises, warrant exercises, or other derivative transactions were reported in this particular filing.
What type of transactions are reported for AGYS in this Form 4?
The filing reports two open-market sales of AGILYSYS common stock. One sale involved 1,000 shares and the other 2,000 shares, both coded “S” for sale and described as sales in open market or private transactions in the transaction details.