Accuray (NASDAQ: ARAY) grants SVP Paul Miele 650,000 restricted stock units

Q: What insider transaction did ACCURAY INC (ARAY) report for Paul Michael Miele?

ACCURAY INC reported a grant of 650,000 restricted stock units (RSUs) to SVP and Chief Commercial Officer Paul Michael Miele as equity compensation, not an open-market stock purchase or sale.

Q: How many RSUs did Paul Michael Miele receive from ACCURAY INC (ARAY)?

Paul Michael Miele received 650,000 restricted stock units . Each RSU represents a contingent right to receive one share of ACCURAY INC common stock, tying part of his compensation to future share performance.

Q: What is the vesting schedule for Paul Michael Miele’s ARAY restricted stock units?

One-fourth of the 650,000 RSUs is scheduled to vest on April 30, 2027 . Additional one-fourth portions will vest on each of the first, second, and third anniversaries of that date, spreading vesting over four years.

Q: Does the ARAY Form 4 show Paul Michael Miele buying or selling shares in the market?

The Form 4 shows a grant of RSUs , not a market trade. It records an equity award classified as an acquisition under code “A,” rather than an open-market buy or sell transaction.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Miele Paul Michael reported acquisition or exercise transactions in this Form 4 filing.

ACCURAY INC granted Senior Vice President and Chief Commercial Officer Paul Michael Miele 650,000 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock. This is an equity-based compensation award rather than an open-market stock purchase or sale.

According to the vesting schedule, one-fourth of the RSUs is scheduled to vest on April 30, 2027, with additional one-fourth portions vesting on each of the first, second, and third anniversaries of that date. After this grant, Miele is shown as holding 650,000 RSUs directly, aligning his compensation more closely with the company’s future share performance over several years.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Miele Paul Michael

Role SVP, Chief Commercial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	650,000	$0.00	--

Holdings After Transaction: Restricted Stock Units — 650,000 shares (Direct, null)

Footnotes (1)

Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. One-fourth (1/4) of the total number of RSUs will be scheduled to vest on April 30, 2027 and will continue to vest as to one-fourth (1/4) of the total number of RSUs on each of the one (1), two (2), and three (3) year anniversaries of such date.

Key Figures

RSUs granted: 650,000 units RSUs after transaction: 650,000 units Initial vesting date: April 30, 2027 +2 more

5 metrics

RSUs granted 650,000 units Equity award to SVP, Chief Commercial Officer

RSUs after transaction 650,000 units Total restricted stock units held directly after grant

Initial vesting date April 30, 2027 First 1/4 of RSUs scheduled to vest

Vesting structure 1/4 annually over 4 years From April 30, 2027 and on each of the next three anniversaries

Underlying common shares 650,000 shares Each RSU equals one share of common stock upon vesting

Key Terms

Restricted Stock Units, RSUs, vest, contingent right, +1 more

5 terms

Restricted Stock Units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"The restricted stock units (RSUs) are released at vest."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vest financial

"The restricted stock units (RSUs) are released at vest."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

contingent right financial

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

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 07:29 PM

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^*

Miele Paul Michael

(Last)

(First)

(Middle)

1240 DEMING WAY

(Street)

MADISON

WISCONSIN

53717

(City)

(State)

(Zip)

UNITED STATES

(Country)

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 Commercial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units⁽¹⁾	$0	05/29/2026		A		650,000		⁽²⁾	⁽²⁾	Common Stock	650,000	$0	650,000	D

Explanation of Responses:

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

2. The restricted stock units (RSUs) are released at vest. One-fourth (1/4) of the total number of RSUs will be scheduled to vest on April 30, 2027 and will continue to vest as to one-fourth (1/4) of the total number of RSUs on each of the one (1), two (2), and three (3) year anniversaries of such date.

Remarks:

	/s/ Michael Stetler, Power of Attorney for Paul Miele	05/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ACCURAY INC (ARAY) report for Paul Michael Miele?

ACCURAY INC reported a grant of 650,000 restricted stock units (RSUs) to SVP and Chief Commercial Officer Paul Michael Miele as equity compensation, not an open-market stock purchase or sale.

How many RSUs did Paul Michael Miele receive from ACCURAY INC (ARAY)?

Paul Michael Miele received 650,000 restricted stock units. Each RSU represents a contingent right to receive one share of ACCURAY INC common stock, tying part of his compensation to future share performance.

What is the vesting schedule for Paul Michael Miele’s ARAY restricted stock units?

One-fourth of the 650,000 RSUs is scheduled to vest on April 30, 2027. Additional one-fourth portions will vest on each of the first, second, and third anniversaries of that date, spreading vesting over four years.

Does the ARAY Form 4 show Paul Michael Miele buying or selling shares in the market?

The Form 4 shows a grant of RSUs, not a market trade. It records an equity award classified as an acquisition under code “A,” rather than an open-market buy or sell transaction.

How many ARAY restricted stock units does Paul Michael Miele hold after this grant?

After the reported grant, Paul Michael Miele is shown as holding 650,000 restricted stock units directly. These RSUs convert into common shares only upon future vesting events as described in the award terms.

What does each ARAY restricted stock unit granted to Paul Michael Miele represent?

Each RSU represents a contingent right to receive one share of ACCURAY INC common stock. Shares are delivered only when the RSUs vest over time according to the specified schedule.