Form 4: Accuray Inc. Executive Suzanne Winter Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Suzanne Winter, President of Accuray Inc., reports disposing of 16,731 shares of common stock to cover tax obligations related to RSU settlement.
Summary
- On June 30, 2024, Suzanne Winter, President of Accuray Inc., disposed of 16,731 shares of common stock.
- The disposal was to satisfy tax withholding and remittance obligations related to the net settlement of Restricted Stock Units (RSUs).
- The price per share was $1.76.
- Following the transaction, Winter beneficially owns 1,353,080 shares of Accuray Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects a routine transaction for tax purposes and doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 07/02/2024 | Date of signature for the report. |
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