MAYER STEVEN F 4
Research Summary
AI-generated summary
Accuray (ARAY) Director Steven F. Mayer Buys 54,875 Shares
What Happened
Steven F. Mayer, a director of Accuray Inc. (ARAY), made open-market purchases on 2026-02-20 totaling 54,875 shares. The reported weighted-average price was $0.56 per share, for an aggregate acquisition value of $30,878. This was a purchase (insider buy), which many investors view as a potentially bullish signal, though purchases can be routine.
Key Details
- Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-23).
- Transaction type/code: Open market purchase (P).
- Shares acquired: 54,875 at a weighted-average price of $0.56; total reported value $30,878.
- Price range: Purchases occurred at prices between $0.5334 and $0.5897 (footnote states the $0.56 is a weighted average and breakdowns are available on request).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 was filed on Feb 23, 2026 — three days after the Feb 20 transaction. Form 4s are generally due within two business days, so this filing may be later than typical reporting deadlines.
Context
This was a straightforward open-market purchase (no option exercise, grant, or gift). Insider purchases can be informative to retail investors but do not, by themselves, prove future performance; use alongside other research.