Krishnan Varier - Jun 11, 2025 Form 4 Insider Report for Agrify Corp (AGFY)

Role
Director
Signature
/s/ Kathryn A. Lloyd, Attorney-in-Fact
Stock symbol
AGFY
Transactions as of
Jun 11, 2025
Transactions value $
-$120,140
Form type
4
Date filed
6/13/2025, 05:00 PM
Previous filing
May 28, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Varier Krishnan Director 2220 HICKS ROAD, SUITE 210, ROLLING MEADOWS /s/ Kathryn A. Lloyd, Attorney-in-Fact 2025-06-13 0001834250

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGFY Common Stock Award $0 +5K $0.00 5K Jun 11, 2025 Direct F1, F2
transaction AGFY Common Stock Options Exercise $0 +5K +100% $0.00 10K Jun 12, 2025 Direct F3
transaction AGFY Common Stock Sale -$32.4K -1.4K -14% $23.13 8.6K Jun 12, 2025 Direct F4
transaction AGFY Common Stock Sale -$48.6K -2.03K -23.59% $23.93 6.57K Jun 12, 2025 Direct F5
transaction AGFY Common Stock Sale -$31.5K -1.27K -19.34% $24.78 5.3K Jun 12, 2025 Direct F6
transaction AGFY Common Stock Sale -$7.7K -300 -5.66% $25.68 5K Jun 12, 2025 Direct F7

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 -5K -100% $0.00 0 Jun 12, 2025 Common Stock 5K Direct F2, F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units under the Agrify Corporation 2022 Omnibus Equity Incentive Plan, as amended, (the "Plan"). 100% of the restricted stock units will vest on the earlier of (i) the one year anniversary of the date of the grant of the restricted stock units and (ii) the next annual meeting of the stockholders of Agrify Corporation following the date of the grant of the restricted stock units, subject to the reporting person's continuous service to the issuer through such vesting date.
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the issuer.
F3 Shares of the issuer's common stock were issued to the reporting person upon the settlement of restricted stock units on June 12, 2025.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $23.41, 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 footnotes (4) through (7) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.50 to $24.40, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.16, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.625 to $25.70, inclusive.
F8 The reporting person was granted 5,000 restricted stock units on November 19, 2024 under the Plan. All of the restricted stock units settled on June 12, 2025.