Accuray SVP has 40,000 shares withheld for taxes
Accuray Inc SVP tax-withholding share disposition Accuray Inc executive Sandeep Chalke, the SVP and Chief Commercial Officer, reported a tax-related share disposition.
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Rhea-AI Filing Summary
Accuray Inc SVP tax-withholding share disposition
Accuray Inc executive Sandeep Chalke, the SVP and Chief Commercial Officer, reported a tax-related share disposition. On this Form 4, 40,000 shares of Common Stock were withheld by the company at an implied price of $0.3881 per share to cover tax obligations tied to RSU vesting.
These shares were not sold in the open market but used to satisfy tax withholding and remittance requirements in a net settlement of restricted stock units. After this transaction, Chalke directly holds 419,806 shares of Accuray Inc common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 40,000 | $0.3881 | $16K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
RSUs financial
net settlement financial
tax withholding financial
remittance obligations financial
FAQ
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What insider transaction did Accuray (ARAY) report for Sandeep Chalke?
What does transaction code F mean in the Accuray (ARAY) Form 4?
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