Accuray (ARAY) SVP Chalke uses 40,000 shares to cover RSU taxes

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

1 transaction reported

Mixed 1 txn

Insider Chalke Sandeep

Role SVP, Chief Commercial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	40,000	$0.3881	$16K

Holdings After Transaction: Common Stock — 419,806 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 40,000 shares Implied price per share: $0.3881 per share Shares held after transaction: 419,806 shares +1 more

4 metrics

Shares withheld for taxes 40,000 shares Common Stock withheld in tax-withholding disposition

Implied price per share $0.3881 per share Value used for 40,000-share tax-withholding disposition

Shares held after transaction 419,806 shares Direct Accuray Common Stock holdings following Form 4 event

Tax-withholding transactions 1 transaction Single F-code tax-withholding disposition reported

Key Terms

RSUs, net settlement, tax withholding, remittance obligations

4 terms

RSUs financial

"in connection with the net settlement of RSUs"

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.

net settlement financial

"in connection with the net settlement of RSUs"

tax withholding financial

"withheld by the issuer to satisfy its tax withholding and remittance obligations"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

remittance obligations financial

"to satisfy its tax withholding and remittance obligations in connection"

Form 4 Insider Transactions: What Each Field Means →

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^*

Chalke Sandeep

(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)
03/31/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		F		40,000(1)	D	$0.3881	419,806	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. 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.

Remarks:

	/s/Michael Stetler, Power of Attorney for Sandeep Chalke	04/01/2026
	** 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)

FAQ

What insider transaction did Accuray (ARAY) report for Sandeep Chalke?

Accuray reported that SVP and Chief Commercial Officer Sandeep Chalke had 40,000 shares of Common Stock withheld. These shares covered tax obligations from the net settlement of restricted stock units, rather than representing an open-market sale of Accuray shares.

Were Sandeep Chalke’s Accuray (ARAY) shares sold on the open market?

No, the 40,000 Accuray shares were not sold on the open market. They were withheld by the company to satisfy its tax withholding and remittance obligations related to the vesting and net settlement of restricted stock units.

How many Accuray (ARAY) shares does Sandeep Chalke hold after this Form 4?

Following the tax-withholding transaction, Sandeep Chalke directly holds 419,806 shares of Accuray Common Stock. This post-transaction figure reflects his remaining equity position after 40,000 shares were used to cover tax obligations on RSU vesting.

What does transaction code F mean in the Accuray (ARAY) Form 4?

Transaction code F indicates a tax-withholding disposition. In this case, 40,000 Accuray shares were delivered back to the issuer to satisfy tax liabilities associated with the net settlement of restricted stock units, rather than being voluntarily sold in the market.

Why were 40,000 Accuray (ARAY) shares withheld from Sandeep Chalke?

The 40,000 shares of Accuray Common Stock were withheld to satisfy the issuer’s tax withholding and remittance obligations. This occurred in connection with the net settlement of restricted stock units granted to Sandeep Chalke as part of his equity compensation.