Accuray (ARAY) director converts 56,603 RSUs into common shares

Accuray Inc. (ARAY) director reports RSU vesting and share acquisition.

Rhea-AI Filing Summary

Accuray Inc. (ARAY) director reports RSU vesting and share acquisition. A company director filed a Form 4 disclosing the conversion of 56,603 restricted stock units (RSUs) into an equal number of shares of Accuray common stock on 11/21/2025 through a transaction coded “M” (option or derivative exercise). The RSUs had an exercise price of $0, meaning the director did not pay cash to receive the shares. After this transaction, the director beneficially owns 294,804 shares of Accuray common stock in direct ownership. Each RSU represented a contingent right to receive one share, and this RSU grant vested 100% on 11/21/2025.

Insider Trade Summary

56,603 shares exercised/converted

Exercise 2 txns

Insider Hindman James M.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	56,603	$0.00	$0.00
Exercise	Common Stock	56,603	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 294,804 shares (Direct)

Footnotes (2)

1. F1. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. F2. This represents a Restricted Stock Unit that vests 100% on 11/21/2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Accuray Inc (ARAY) report on this Form 4?

The filing reports that a director of Accuray Inc. (ARAY) converted 56,603 restricted stock units (RSUs) into the same number of common shares on 11/21/2025 through a transaction coded “M”.

How many Accuray (ARAY) shares does the reporting person own after the transaction?

Following the reported transaction, the director beneficially owns 294,804 shares of Accuray Inc. common stock in direct ownership.

What are the key details of the RSUs involved in this Accuray (ARAY) Form 4?

The Form 4 shows 56,603 restricted stock units with a conversion price of $0. Each RSU represents a contingent right to receive one share of Accuray common stock.

When did the Accuray (ARAY) RSUs vest for the reporting person?

The referenced restricted stock unit award vested 100% on 11/21/2025, triggering the conversion into 56,603 shares of Accuray common stock.

What does transaction code "M" indicate in this Accuray (ARAY) Form 4?

Transaction code “M” indicates the exercise or conversion of a derivative security, in this case the conversion of RSUs into Accuray common stock.

Is the reporting person a director or officer of Accuray Inc (ARAY)?

The filing identifies the reporting person as a director of Accuray Inc. and notes that the Form 4 is filed by one reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/25/2025 - 05:55 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hindman James M.

(Last) (First) (Middle)

1240 DEMING WAY

(Street)

MADISON WI 53717

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ACCURAY INC [ ARAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/21/2025		M		56,603	A	$0	294,804	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	$0	11/21/2025		M			56,603	(2)	(2)	Common Stock	56,603	$0	0	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one share of the Issuer's common stock.

2. This represents a Restricted Stock Unit that vests 100% on 11/21/2025.

Remarks:

	/s/ Michael Stetler, Power of Attorney for James Hindman	11/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.