Accuray (NASDAQ: ARAY) COO exercises RSUs, uses shares to cover tax

Rhea-AI Filing Summary

Accuray SVP and COO Leonel Peralta reported equity compensation transactions involving restricted stock units and common stock. On February 28, 2026, he exercised 83,723 restricted stock units, receiving the same number of common shares at $0.00 per share. To satisfy tax withholding obligations related to this net settlement, 28,969 common shares were withheld by the company at $0.55 per share, as described in the footnote. After these transactions, Peralta directly owned 54,754 shares of Accuray common stock.

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

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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^*

Peralta Leonel

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		M		83,723	A	$0	83,723	D
Common Stock	02/28/2026		F		28,969(1)	D	$0.55	54,754	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	$0	02/28/2026		M			83,723	(2)	(2)	Common Stock	83,723	$0	251,166	D

Explanation of Responses:

1. Represents shares of Common Stock that were withheld by the issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of RSUs.

2. Restricted Stock Units vest 25% annually over 4 years from grant date.

Remarks:

	/s/ Michael Stetler, Power of Attorney for Leonel Peralta	03/03/2026
	** 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).
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FAQ

What did Accuray (ARAY) executive Leonel Peralta report in this Form 4?

Leonel Peralta, Accuray’s SVP and Chief Operations Officer, reported the exercise of restricted stock units into 83,723 common shares and a related tax-withholding share disposition. These are equity compensation-related transactions rather than open-market purchases or sales.

How many Accuray (ARAY) shares did Leonel Peralta acquire and dispose of?

Peralta acquired 83,723 shares of Accuray common stock at $0.00 per share through the exercise of restricted stock units. In a related move, 28,969 shares were disposed of to cover tax withholding obligations, based on a price of $0.55 per share.

Why were 28,969 Accuray (ARAY) shares withheld in Peralta’s Form 4?

The 28,969 Accuray shares were withheld by the issuer to satisfy tax withholding and remittance obligations tied to the net settlement of restricted stock units. This tax-withholding disposition is indicated by transaction code F and explained directly in the filing’s footnote.

What is Leonel Peralta’s Accuray (ARAY) share ownership after these transactions?

After the reported transactions, Leonel Peralta directly held 54,754 shares of Accuray common stock. The Form 4 also indicates 251,166 restricted stock units following the derivative transaction, reflecting his remaining unvested or unsettled equity awards.

How do Peralta’s Accuray (ARAY) restricted stock units vest over time?

The filing states that the restricted stock units vest 25% annually over four years from the grant date. This means each award typically becomes fully vested after four years, with one-quarter of the units vesting on each annual anniversary of the original grant.

Does this Accuray (ARAY) Form 4 show an open-market stock sale by Leonel Peralta?

The Form 4 shows a derivative exercise and a tax-withholding disposition, not an open-market sale. Shares were delivered at $0.00 per share from restricted stock units, and 28,969 shares were withheld by the company to cover associated tax obligations.