KEATING MELVIN L 4
4 · AGILYSYS INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Agilysys (AGYS) Director Melvin Keating Buys 400 Shares
What Happened
Melvin L. Keating, a director of Agilysys, made a series of open-market purchases (Transaction code P) totaling 400 shares of AGYS on March 16–17, 2026. The six purchases ranged from $67.98 to $68.49 per share and cost approximately $27,290 in aggregate. These were outright purchases (acquisitions), which are generally more informative to investors than routine sales.
Key Details
- Transaction dates and amounts:
- 2026-03-16: 100 shares @ $68.49 = $6,849
- 2026-03-16: 60 shares @ $68.20 = $4,092
- 2026-03-17: 65 shares @ $68.10 = $4,427
- 2026-03-17: 50 shares @ $68.01 = $3,401
- 2026-03-17: 55 shares @ $67.98 = $3,739
- 2026-03-17: 70 shares @ $68.32 = $4,782
- Total purchased: 400 shares for ~$27,290.
- Transaction type: Open-market purchases (code P).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date and timeliness: Report filed 2026-03-18; appears to be filed timely under Section 16 reporting rules (within required days).
- Footnotes/plan references: None noted in the provided data (no 10b5-1 plan or tax-withholding footnotes indicated).
Context
These purchases were direct open-market buys by a company director. Purchases by insiders simply report acquisitions and do not by themselves explain motives; investors often view purchases as a positive signal but should consider them alongside company fundamentals and other insider activity.
Insider Transaction Report
- Purchase
Common Stock
2026-03-16$68.49/sh+100$6,849→ 35,107 total - Purchase
Common Stock
2026-03-16$68.20/sh+60$4,092→ 35,167 total - Purchase
Common Stock
2026-03-17$68.10/sh+65$4,427→ 35,232 total - Purchase
Common Stock
2026-03-17$68.01/sh+50$3,401→ 35,282 total - Purchase
Common Stock
2026-03-17$67.98/sh+55$3,739→ 35,337 total - Purchase
Common Stock
2026-03-17$68.32/sh+70$4,782→ 35,407 total