SCHEDULE: Neuberger Berman Discloses Stake in Accuray Inc.

Neuberger Berman Group LLC and its affiliates report beneficial ownership of 5.1% of Accuray Inc. common stock as of June 30, 2026.

Summary

• Neuberger Berman Group LLC and its affiliated entities, including Neuberger Berman Investment Advisers LLC, have filed a Schedule 13G indicating beneficial ownership of Accuray Inc. common stock.
• As of June 30, 2026, Neuberger Berman Group LLC beneficially owns 6,073,663 shares, representing 5.1% of the class of securities.
• Neuberger Berman Investment Advisers LLC beneficially owns 5,550,746 shares, representing 4.7% of the class of securities.
• The filing clarifies that these entities may be deemed beneficial owners in various fiduciary capacities, but disclaim beneficial ownership beyond their actual economic interest.
• The reporting entities are organized in Delaware and are classified as investment advisers (IA) and holding companies (HC).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports ownership and does not provide operational or financial performance data for Accuray Inc. The disclaimers add a layer of complexity but do not inherently signal positive or negative sentiment about the company's prospects.

Positives

• Significant institutional ownership by a reputable investment firm like Neuberger Berman can signal confidence in the company's long-term prospects.
• The filing indicates a substantial stake, suggesting a belief in Accuray's market position and potential for growth.

Negatives

• The filing does not contain financial performance data or operational updates, making it difficult to assess the underlying business performance.
• The disclaimer of beneficial ownership and the complex structure of reporting entities might obscure the true nature of the investment or control.

Risks

• The filing is a Schedule 13G, which is typically filed by passive investors. However, the extent of shared voting and dispositive power could imply a more active interest than a purely passive one, which could change.
• The disclaimer regarding economic interest and the separation of entities by information barriers could lead to uncertainty about the ultimate beneficiaries and decision-makers for these shares.

Future Outlook

This filing is a Schedule 13G, which primarily reports ownership stakes and does not contain forward-looking statements or financial guidance from the company itself. The future outlook for Accuray Inc. would be found in separate SEC filings by the issuer.

Management Comments

• Neuberger Berman Group LLC and its affiliates may be deemed to beneficially own the securities covered by this report in their various fiduciary capacities by virtue of the provisions of Exchange Act Rule 13d-3.
• This report is not an admission that any of these entities are the beneficial owner of the securities covered by this report and each of Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuber Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC and certain affiliated persons disclaim beneficial ownership of the securities covered by this statement pursuant to Exchange Act Rule 13d-4.
• Neuberger Berman Group LLC or its affiliated persons do not, however, have any economic interest in the securities of those clients. The clients have the sole right to receive and the power to direct the receipt of dividends from or proceeds from the sale of such securities.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for large investment managers like Neuberger Berman, indicating their role as significant institutional investors in the healthcare technology sector, where Accuray Inc. operates.

Stakeholder Impact

• Shareholders: The filing indicates continued institutional interest from a major asset manager, which can be viewed positively. However, the passive nature of the filing means no immediate strategic shift is implied.
• Management: The filing does not directly impact management's operational responsibilities but confirms a significant institutional investor's presence.
• Creditors: No direct impact on creditors is indicated by this ownership filing.

Next Steps

• Monitor future filings by Neuberger Berman Group LLC and its affiliates for any changes in their ownership stake in Accuray Inc.
• Review Accuray Inc.'s own SEC filings (e.g., 10-K, 10-Q) for financial performance and strategic updates.

Key Dates

Keywords

Accuray Inc., Schedule 13G, Neuberger Berman Group LLC, Neuberger Berman Investment Advisers LLC, Beneficial Ownership, Institutional Investor, Common Stock, Securities Filing, Investment Management