Form 4: Accuray Inc. CEO Suzanne Winter Reports Stock Transactions

Accuray Inc.'s CEO, Suzanne Winter, reported the acquisition of restricted stock units and the withholding of shares for tax obligations.

Summary

• Accuray Inc. CEO Suzanne Winter reported transactions involving the company's stock.
• On December 2, 2024, 119,698 shares were withheld to cover tax obligations at a price of $2.15 per share.
• On November 29, 2024, 518,867 restricted stock units (RSUs) were granted to Ms. Winter.
• These RSUs represent a contingent right to receive one share of Accuray's common stock each.
• The RSUs vest over three years, with 34% vesting on the first anniversary, and 33% on the second and third anniversaries of the commencement date.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment.

Positives

• The grant of 518,867 RSUs to the CEO could be seen as a positive incentive aligning her interests with the company's long-term performance.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the stock ownership of key executives.

Comparison to Industry Standards

• Stock-based compensation, such as RSUs, is a common practice among publicly traded companies to incentivize executives.
• The vesting schedule of the RSUs, with a three-year vesting period, is also a typical structure to encourage long-term commitment.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders, as they reflect changes in insider ownership.

Key Dates

Keywords

Accuray Inc, ARAY, SEC Form 4, Insider Trading, Stock Transactions, Restricted Stock Units, RSU, Suzanne Winter, Executive Compensation