Neuberger Berman Group LLC and affiliates report their holdings of Accuray Inc. common stock in an amended Schedule 13G. They may be deemed to beneficially own 5,484,393 shares, representing 4.6% of Accuray’s common stock, all with shared rather than sole voting and dispositive power.
Neuberger Berman Investment Advisers LLC is separately listed with 5,057,218 shares beneficially owned, or 4.3% of the class. The reporting entities state that various Neuberger Berman subsidiaries hold these positions in fiduciary capacities and disclaim beneficial ownership under Exchange Act Rule 13d-4. Other Neuberger Berman subsidiaries separated by an information barrier are expressly excluded from this report.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned (Neuberger Berman Group LLC):5,484,393 sharesPercent of class (Neuberger Berman Group LLC):4.6%Shared voting power (Group LLC):4,147,172 shares+3 more
6 metrics
Shares beneficially owned (Neuberger Berman Group LLC)5,484,393 sharesAmount of Accuray common stock that may be deemed beneficially owned
Percent of class (Neuberger Berman Group LLC)4.6%Portion of Accuray common stock class reported as beneficially owned
Shared voting power (Group LLC)4,147,172 sharesShares over which Neuberger Berman Group LLC has shared voting power
Shared dispositive power (Group LLC)5,484,393 sharesShares over which Neuberger Berman Group LLC has shared dispositive power
Shares beneficially owned (NB Investment Advisers LLC)5,057,218 sharesAccuray shares reported as beneficially owned by Neuberger Berman Investment Advisers LLC
Percent of class (NB Investment Advisers LLC)4.3%Portion of Accuray common stock reported for Neuberger Berman Investment Advisers LLC
"may be deemed to beneficially own the securities covered by this report"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive powerfinancial
"Shared Dispositive Power 5,484,393.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Exchange Act Rule 13d-3regulatory
"by virtue of the provisions of Exchange Act Rule 13d-3"
Exchange Act Rule 13d-4regulatory
"disclaim beneficial ownership of the securities covered by this statement pursuant to Exchange Act Rule 13d-4"
information barrierregulatory
"subsidiaries ... that are separated from the NBG Filers by an information barrier"
What percentage of Accuray (ARAY) does Neuberger Berman Group report owning?
Neuberger Berman Group LLC reports that it may be deemed to beneficially own 5,484,393 shares of Accuray common stock, representing 4.6% of the class. All of these shares are reported with shared voting and dispositive power, not sole control.
How many Accuray (ARAY) shares are attributed to Neuberger Berman Investment Advisers LLC?
Neuberger Berman Investment Advisers LLC reports beneficial ownership of 5,057,218 shares of Accuray common stock, equal to 4.3% of the class. These holdings are reported with shared voting power of 3,719,997 shares and shared dispositive power over all 5,057,218 shares.
Does Neuberger Berman claim full beneficial ownership of its Accuray (ARAY) holdings?
No. The Neuberger Berman entities expressly disclaim beneficial ownership of the Accuray securities under Exchange Act Rule 13d-4. They state the shares are held in various fiduciary capacities and that this filing is not an admission of beneficial ownership.
What voting and dispositive powers does Neuberger Berman have over Accuray (ARAY) shares?
Neuberger Berman Group LLC reports 0 shares with sole voting or dispositive power. It reports 4,147,172 shares with shared voting power and 5,484,393 shares with shared dispositive power, reflecting its role through controlled fiduciary entities.
Why does the Accuray (ARAY) filing mention ownership of 5 percent or less of a class?
The filing indicates that the reporting group’s holdings represent 4.6% of Accuray’s common stock, falling under the category “Ownership of 5 percent or less of a class.” This confirms their reported stake is below the 5% threshold for major beneficial owners.
Which Neuberger Berman entities related to Accuray (ARAY) are excluded from this Schedule 13G/A?
The filing notes that securities, if any, that may be deemed owned by NB Alternatives Advisers LLC and other Neuberger Berman subsidiaries separated by an information barrier are not reflected in this report on Accuray.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
ACCURAY INC
(Name of Issuer)
Common
(Title of Class of Securities)
004397105
(CUSIP Number)
07/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
004397105
1
Names of Reporting Persons
Neuberger Berman Group LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,147,172.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,484,393.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,484,393.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.6 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
004397105
1
Names of Reporting Persons
Neuberger Berman Investment Advisers LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,719,997.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,057,218.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,057,218.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.3 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ACCURAY INC
(b)
Address of issuer's principal executive offices:
1240 Deming Way , Madison, WI, 53717.
Item 2.
(a)
Name of person filing:
Neuberger Berman Group LLC
Neuberger Berman Investment Advisers LLC
(b)
Address or principal business office or, if none, residence:
1290 Avenue of the Americas
New York, NY 10104
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
004397105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
5,484,393
Neuberger Berman Trust Co N.A., Neuberger Berman Trust Co of Delaware N.A., Neuberger Berman Asia Ltd.,
Neuberger Berman Canada ULC, and Neuberger Berman Investment Advisers LLC and certain affiliated persons
may be deemed to beneficially own the securities covered by this report in their various fiduciary capacities by
virtue of the provisions of Exchange Act Rule 13d-3. Neuberger Berman Group LLC, through its subsidiaries
Neuberger Berman Investment Advisers Holdings LLC and Neuberger Trust Holdings LLC controls Neuberger
Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust
Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC and certain affiliated persons.
This report is not an admission that any of these entities are the beneficial owner of the securities covered by this
report and each of Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC,
Neuberger Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger
Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers
LLC and certain affiliated persons disclaim beneficial ownership of the securities covered by this statement
pursuant to Exchange Act Rule 13d-4.
The information in this filing reports securities of the issuer that may be deemed to be beneficially owned by
Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuberger Trust Holdings
LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger
Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC ("NBG Filers"). The securities
of the issuer, if any, that may be deemed to be beneficially owned by NB Alternatives Advisers LLC and other
subsidiaries of Neuberger Berman Group LLC that are separated from the NBG Filers by an information barrier in
accordance with SEC Release No. 34-39538 (January 12, 1998) are not reflected in this filing.
(b)
Percent of class:
4.6%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
4,147,172
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
5,484,393
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.