Accuray (ARAY) Form 4: Director granted 78,947 restricted stock units

Rhea-AI Filing Summary

Anne Bryce Le Grand, a director of Accuray Incorporated (ARAY), reported receipt of 78,947 restricted stock units (RSUs) on 08/29/2025. Each RSU represents a contingent right to one share of the issuer's common stock and the award vests 100% on 08/29/2026, resulting in 78,947 shares beneficially owned following the transaction. The filing was signed by Jesse Chew as Power of Attorney for Anne Bryce Le Grand on 09/03/2025. No cash price was paid for the RSUs as reported.

Positive

• 78,947 RSUs granted to a director, aligning management incentives with shareholders
• 100% vesting after one year (08/29/2026), providing a clear vesting schedule

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received a single-year RSU grant of 78,947 units vesting in one year; routine equity compensation for insiders.

The Form 4 shows a non-derivative economic interest created by issuance of 78,947 RSUs on 08/29/2025, which vest fully on 08/29/2026. This is recorded as a direct beneficial holding and carries no exercise price. From a governance perspective, a single-year cliff vesting for a director is consistent with standard equity incentive practices to align long-term interests with shareholders. The filing is administrative and does not disclose any additional change in control, sale, or pledge activity.

Securities Analyst

TL;DR: Insider award increases potential dilution by 78,947 shares once vested; disclosure is routine and non-transactional.

The reported issuance increases the reporting persons beneficial ownership by 78,947 shares upon vesting and is recorded with a $0 price, indicating restricted equity compensation rather than a market purchase. The Form 4 does not show dispositions or derivative exercises tied to this grant. For investors assessing share count dilution, this grant represents a fixed future issuance contingent on vesting conditions rather than an immediate market transaction.

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^*

Le Grand Anne Bryce

(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)
08/29/2025

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

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(1)	$0	08/29/2025		A		78,947		(2)	(2)	Common Stock	78,947	$0	78,947	D

Explanation of Responses:

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

2. This represents a Restricted Stock Unit that vests 100% on 8/29/2026.

Remarks:

	/s/ Jesse Chew, Power of Attorney for Anne Bryce Le Grand	09/03/2025
	** 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 did Anne Bryce Le Grand report on Form 4 for ARAY?

The Form 4 reports the acquisition of 78,947 restricted stock units (RSUs) on 08/29/2025, vesting 100% on 08/29/2026.

How many shares will the RSUs convert into for ARAY?

Each RSU represents one share, so the award corresponds to 78,947 shares of Accuray common stock upon vesting.

Was there a purchase price reported for the RSU grant in ARAY Form 4?

No. The filing reports a $0 price for the restricted stock units, indicating equity compensation rather than a cash purchase.

When does the reported RSU award for ARAY vest?

The RSU grant vests 100% on 08/29/2026 as stated in the filing.

Who signed the Form 4 filing for Anne Bryce Le Grand?

The Form 4 was signed by Jesse Chew as Power of Attorney for Anne Bryce Le Grand on 09/03/2025.