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[8-K] ACCURAY INC Reports Material Event

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Accuray Incorporated reported results from its 2025 Annual Meeting of Stockholders. Stockholders elected three Class I directors — Anne B. Le Grand, Joseph E. Whitters and Chan W. Galbato — to serve until the 2028 annual meeting, each receiving more votes for than against. Stockholders also approved the Company’s 2026 Equity Incentive Plan, with 54,189,859 shares in favor and 8,102,765 against, allowing Accuray to continue granting equity-based awards to employees and directors. In an advisory vote, stockholders approved compensation for the Company’s named executive officers, and they ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending June 30, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 13, 2025

ACCURAY INCORPORATED

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-33301

20-8370041

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1240 Deming Way

 

Madison, Wisconsin

 

53717-1954

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 608 824-2800

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, par value $0.001 per share

ARAY

The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 


 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(a)
2026 Equity Incentive Plan

At the Annual Meeting of Stockholders of Accuray Incorporated (the “Company”) held on November 13, 2025 (the “2025 Annual Meeting”), the Company’s stockholders approved the Company’s 2026 Equity Incentive Plan. A description of the 2026 Equity Incentive Plan is set forth in the Company’s definitive proxy statement on Form 14A filed with the United States Securities and Exchange Commission on October 1, 2025 and is qualified in its entirety by reference to the full text of the 2026 Equity Incentive Plan, a copy of which is being filed as Exhibit 10.1 to this Form 8-K.

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the 2025 Annual Meeting, the Company’s stockholders voted on four proposals as set forth below. The following is a brief description of each proposal submitted to a vote at the 2025 Annual Meeting, as well as the number of votes cast for and against, the number of abstentions, and the number of broker non-votes with respect to each proposal.

 

Proposal No. 1: Election of Directors

 

The stockholders elected each of the following persons as a Class I director of the Company to hold office until the Company’s 2028 Annual Meeting of Stockholders or until his or her successor is duly elected or appointed.

 

Nominee

For

Against

Abstain

Broker Non-Votes

Anne B. Le Grand

57,318,581

5,010,552

142,155

27,765,851

Joseph E. Whitters

55,335,372

6,985,195

150,721

27,765,851

Chan W. Galbato

60,688,874

1,498,081

284,333

27,765,851

 

Proposal No. 2: Approval of the Company’s 2026 Equity Incentive Plan

The stockholders approved the Company’s 2026 Equity Incentive Plan, with 54,189,859 shares in favor, 8,102,765 shares against, 178,664 shares abstaining and 27,765,851 broker non-votes.

Proposal No. 3: Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers

 

The stockholders cast an advisory vote to approve the compensation of the Company’s named executive officers as follows: 54,546,461 shares in favor, 7,751,730 shares against, 173,097 shares abstaining and 27,765,851 broker non-votes.

 

Proposal No. 4: Ratification of Independent Registered Public Accounting Firm

 

The stockholders ratified the appointment of Grant Thornton LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2026, with 86,564,958 shares in favor, 3,180,230 shares against, 491,951 shares abstaining and no broker non-votes.

 

 

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

10.1 Accuray Incorporated 2026 Equity Incentive Plan and forms of award agreements thereunder

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

2

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ACCURAY INCORPORATED

 

Dated: November 19, 2025

By:

/s/ Ali Pervaiz

Ali Pervaiz

Senior Vice President, Chief Financial Officer

 

 

 

 

3


FAQ

What did Accuray (ARAY) stockholders decide at the 2025 Annual Meeting?

Stockholders elected three Class I directors, approved the 2026 Equity Incentive Plan, gave advisory approval to executive compensation, and ratified Grant Thornton LLP as the independent auditor for the fiscal year ending June 30, 2026.

Who was elected to Accuray (ARAY)'s board of directors in 2025?

Stockholders elected Anne B. Le Grand, Joseph E. Whitters, and Chan W. Galbato as Class I directors to serve until the 2028 Annual Meeting of Stockholders or until their successors are duly elected or appointed.

Was Accuray's 2026 Equity Incentive Plan approved by stockholders?

Yes. The 2026 Equity Incentive Plan was approved with 54,189,859 shares in favor, 8,102,765 shares against, 178,664 abstentions and 27,765,851 broker non-votes.

How did Accuray (ARAY) stockholders vote on executive compensation?

In an advisory vote on named executive officer compensation, stockholders cast 54,546,461 shares in favor, 7,751,730 against, 173,097 abstaining and 27,765,851 broker non-votes, thereby approving the Company's executive pay program on an advisory basis.

Which audit firm will serve Accuray (ARAY) for the fiscal year ending June 30, 2026?

Stockholders ratified the appointment of Grant Thornton LLP as Accuray's independent registered public accounting firm, with 86,564,958 shares in favor, 3,180,230 against and 491,951 abstentions.

Where can investors find the full details of Accuray's 2026 Equity Incentive Plan?

The 2026 Equity Incentive Plan is described in Accuray's definitive proxy statement on Form 14A filed on October 1, 2025 and is included as Exhibit 10.1 to the current report.

Accuray Incorp

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