Director Steven F. Mayer buys 195,125 Accuray (ARAY) shares in open market

Rhea-AI Filing Summary

Accuray Inc. director Steven F. Mayer reported open-market purchases of the company’s common stock. He bought 126,125 shares on February 18, 2026 at a weighted average price of $0.5328 per share and 69,000 shares on February 19, 2026 at a weighted average price of $0.5304 per share. These transactions increased his direct holdings to 1,490,745 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^*

MAYER STEVEN F

(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)
02/18/2026

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	02/18/2026		P		126,125	A	$0.5328(1)	1,421,745	D
Common Stock	02/19/2026		P		69,000	A	$0.5304(2)	1,490,745	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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.5100 to $0.5517, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

2. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.5160 to $0.5523, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Remarks:

	/s/ Michael Stetler, Power of Attorney for Steven Mayer	02/20/2026
	** 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).
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.

FAQ

What insider transactions did Accuray (ARAY) director Steven F. Mayer report?

Steven F. Mayer reported two open-market purchases of Accuray common stock. He bought 126,125 shares on February 18, 2026 and 69,000 shares on February 19, 2026, both at weighted average prices around $0.53 per share.

How many Accuray (ARAY) shares did Steven F. Mayer buy in total?

Steven F. Mayer purchased a total of 195,125 Accuray shares across two days. The Form 4 shows buys of 126,125 shares on February 18, 2026 and 69,000 shares on February 19, 2026 through open-market transactions.

At what prices did Steven F. Mayer buy Accuray (ARAY) stock?

The reported prices are $0.5328 per share on February 18, 2026 and $0.5304 per share on February 19, 2026. Footnotes state these are weighted average prices from multiple trades within ranges around those levels.

How many Accuray (ARAY) shares does Steven F. Mayer now own after these purchases?

After the reported purchases, Steven F. Mayer directly owns 1,490,745 shares of Accuray common stock. The Form 4 lists this total share amount in the column for securities beneficially owned following the most recent reported transaction.

Were Steven F. Mayer’s Accuray (ARAY) stock purchases direct or through another entity?

The Form 4 identifies Mayer’s ownership as direct, with the ownership code shown as “D.” There is no footnote indicating that the shares are held through a trust, partnership, or other separate entity for these specific transactions.

What do the weighted average prices mean in Steven F. Mayer’s Accuray (ARAY) Form 4?

The filing explains each reported price is a weighted average of multiple trades within a price range. Mayer undertakes to provide details about the exact number of shares purchased at each individual price within those disclosed ranges upon request.