MAYER STEVEN F 4

What Happened
Steven F. Mayer, a director of Accuray Inc. (ARAY), acquired a total of 195,125 shares in open-market purchases. The filing reports weighted-average prices of $0.53 per share, with reported aggregate values of $67,199 (126,125 shares on Feb 18, 2026) and $36,598 (69,000 shares on Feb 19, 2026), for a combined purchase cost of approximately $103,797. These were purchases (transaction code P), representing direct buys of common stock.

Key Details

• Transaction dates and reported prices:
  • 2026-02-18: 126,125 shares, reported weighted-average $0.53; aggregate $67,199. (Footnote F1: actual prices in this lot ranged $0.5100–$0.5517.)
  • 2026-02-19: 69,000 shares, reported weighted-average $0.53; aggregate $36,598. (Footnote F2: actual prices in this lot ranged $0.5160–$0.5523.)
• Combined purchase: 195,125 shares for about $103,797.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notable footnotes: Both footnotes state the $0.53 figure is a weighted average and provide the range of actual transaction prices; the reporting person offers to supply a breakdown on request.
• Filing timeliness: Report filed Feb 20, 2026 for trades on Feb 18–19, 2026 — a timely Form 4 filing (no late-report indication).
• No 10b5-1 plan, option exercise, gift, or tax-withholding event was disclosed in the provided details.

Context and takeaway
These were straightforward open-market purchases by a company director (code P), not option exercises or awards. Purchases by insiders are often highlighted by investors as a potential positive signal because they involve insiders deploying personal funds, but the filing itself does not state any motivation.