Form 4: Accuray Director Scott Adjusts Stock Holdings

Accuray Inc. Director Byron C. Scott reported the vesting of 56,603 Restricted Stock Units and the forfeiture of 22,642 shares for cash settlement on November 21, 2025.

Summary

• Byron C. Scott, a Director of Accuray Inc. (ARAY), reported changes in his beneficial ownership of common stock.
• On November 21, 2025, 56,603 Restricted Stock Units (RSUs) vested, converting into an equal number of common shares at a price of $0.
• Concurrently, 22,642 shares of common stock were forfeited due to a cash settlement election made by the director in the grant agreement, at a price of $1.05 per share.
• Following these transactions, Scott's direct beneficial ownership of Accuray common stock stands at 153,294 shares.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction report reflecting the vesting of equity compensation and a subsequent forfeiture for cash settlement, which is a common practice for directors managing their equity.

Positives

• Vesting of 56,603 Restricted Stock Units indicates the fulfillment of equity compensation terms for Director Scott.

Negatives

• Forfeiture of 22,642 shares due to a cash settlement election reduces the director's direct equity stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Slight dilution from RSU vesting (though already accounted for in outstanding shares), and a minor change in director's direct ownership.

Key Dates

Keywords

Accuray Inc., ARAY, Byron C Scott, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Director Stock Ownership, Equity Compensation