SEC FORM 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person ^*

Badger Kyle C

(Last)

(First)

(Middle)

3655 BROOKSIDE PARKWAY

SUITE 300

(Street)

ALPHARETTA

30022

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AGILYSYS INC [ AGYS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, GC and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/30/2026		F⁽¹⁾		227	D	$ 115.8	74,810	D
Common Stock	10/30/2026		M⁽²⁾		622	A	$ 0	75,432	D
Common Stock	10/30/2026		F⁽³⁾		183	D	$ 115.8	75,249	D
Common Stock	10/30/2026		M⁽²⁾		1,110	A	$ 0	76,359	D
Common Stock	10/30/2026		F⁽³⁾		326	D	$ 115.8	76,033	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$ 0	10/30/2026		M			622	⁽⁴⁾	⁽⁴⁾	Common Stock	622	$ 0	622	D
Restricted Stock Units	$ 0	10/30/2026		M			1,110	⁽⁵⁾	⁽⁵⁾	Common Stock	1,110	$ 0	2,222	D

Explanation of Responses:

1. Represents shares withheld by Agilysys to satisfy statutory tax withholding obligations arising from the lapse of restrictions on restricted shares of Common Stock previously granted under the Agilysys equity incentive plan. No shares were sold by the reporting person.

2. Restricted Stock Units (RSUs) convert into common stock of Agilysys, Inc. on a one-for-one basis upon vesting. The shares reported in Table I under Transaction Code "M" were acquired upon the vesting and settlement of RSUs for no cash consideration.

3. Represents shares withheld by Agilysys to satisfy statutory tax withholding obligations incurred in connection with the vesting and settlement of restricted stock units. No shares were sold by the reporting person.

4. Reflects the vesting of 622 RSUs granted under the Agilysys equity incentive plan. The remaining unvested RSUs vest in accordance with their applicable grant schedules, subject to continued service through each vesting date.

5. Reflects the vesting of 1,110 RSUs granted under the Agilysys equity incentive plan. The remaining unvested RSUs vest in accordance with their applicable grant schedules, subject to continued service through each vesting date.

	Kyle C. Badger	11/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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