Krishnan Varier - May 23, 2025 Form 4 Insider Report for Agrify Corp (AGFY)

Role
Director
Signature
/s/ Krishnan Varier
Stock symbol
AGFY
Transactions as of
May 23, 2025
Transactions value $
-$202,768
Form type
4
Date filed
5/28/2025, 06:34 PM
Previous filing
Dec 2, 2024
Next filing
Jun 13, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Varier Krishnan Director 2220 HICKS ROAD, SUITE 210, ROLLING MEADOWS /s/ Krishnan Varier 2025-05-28 0001834250

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGFY Common Stock Options Exercise +6.84K +623.43% 7.94K May 23, 2025 Direct F1
transaction AGFY Common Stock Sale -$54K -2.1K -26.46% $25.69 5.84K May 27, 2025 Direct F2
transaction AGFY Common Stock Sale -$149K -5.84K -100% $25.50 0 May 28, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AGFY Restricted Stock Unit Options Exercise $0 -18 -100% $0.00 0 May 23, 2025 Common Stock 18 Direct F1, F3, F4
transaction AGFY Restricted Stock Unit Options Exercise $0 -2.76K -100% $0.00 0 May 23, 2025 Common Stock 2.76K Direct F1, F3, F4
transaction AGFY Restricted Stock Unit Options Exercise $0 -4.06K -100% $0.00 0 May 23, 2025 Common Stock 4.06K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of the issuer's common stock were issued to the reporting person upon the settlement of restricted stock units on May 23, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.50 to $25.70, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the issuer.
F4 The reporting person was granted 18 restricted stock units on July 14, 2022, 2,764 restricted stock units on November 28, 2023, and 4,057 restricted stock units on April 24, 2024, in each case under the Agrify Corporation 2022 Omnibus Equity Incentive Plan. All of the restricted stock units settled on May 23, 2025.