Form 4: Accuray CFO Reports Stock and RSU Transactions

Accuray's SVP Chief Financial Officer, Ali Pervaiz, reported the acquisition and subsequent tax-related disposition of company common stock and restricted stock units.

Summary

• Ali Pervaiz, SVP Chief Financial Officer of Accuray Inc. (ARAY), reported multiple transactions involving the company's securities.
• On November 28, 2025, Pervaiz acquired 90,000 Restricted Stock Units (RSUs) and 2,500 shares of common stock under the Accuray Employee Stock Purchase Plan.
• On November 29, 2025, 44,025 RSUs were exercised, resulting in the acquisition of 44,025 shares of common stock.
• On December 1, 2025, 57,341 shares of common stock were disposed of to satisfy tax withholding obligations related to the net settlement of RSUs, at a price of $1.02 per share.
• Following these transactions, Ali Pervaiz beneficially owns 352,863 shares of common stock and 88,050 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of insider transactions related to compensation and employee stock plans, which typically has a neutral sentiment unless the transactions are unusually large or indicative of a significant shift in insider confidence.

Positives

• The reporting person, Ali Pervaiz, received a grant of 90,000 Restricted Stock Units (RSUs), indicating continued incentive alignment with company performance.
• An acquisition of 2,500 shares under the Employee Stock Purchase Plan demonstrates ongoing participation in employee ownership programs.

Negatives

• A disposition of 57,341 shares of common stock occurred to cover tax withholding obligations, which is a standard practice but reduces direct share ownership.

Future Outlook

The filing details the vesting schedule for the Restricted Stock Units (RSUs): 34% of the shares vest on the first anniversary of the vesting commencement date, with the remaining shares vesting at a rate of 33% on the second anniversary and 33% on the third anniversary.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, specifically related to executive compensation and share ownership. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and ownership changes, which is generally expected and routine.
• Employees: Highlights the use of Restricted Stock Units and an Employee Stock Purchase Plan as part of compensation and ownership incentives.

Next Steps

• Continued vesting of the remaining 88,050 Restricted Stock Units according to the specified schedule (34% on first anniversary, 33% on second, 33% on third).

Key Dates

Keywords

Accuray Inc, ARAY, Form 4, Insider Transaction, Restricted Stock Units, RSU, Common Stock, Employee Stock Purchase Plan, ESPP, Beneficial Ownership, CFO