Chalke Sandeep 4

What Happened

• Sandeep Chalke, SVP and Chief Commercial Officer of Accuray Inc. (ARAY), had 40,000 shares of common stock withheld by the issuer on 2026-03-31 to satisfy tax withholding in connection with the net settlement of restricted stock units (RSUs). The withheld shares were recorded at $0.39 per share, totaling $15,524. This is a tax-withholding/net-settlement action (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-31; price used: $0.39 per share; shares withheld/disposed: 40,000; total value: $15,524.
• Filing date / Accession: Filed 2026-04-01 (Accession 0001214659-26-004180). Filing appears timely relative to the Form 4 reporting window.
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Footnote: F1 — Issuer withheld shares to satisfy tax withholding and remittance obligations related to the net settlement of RSUs.
• Transaction type: F (tax withholding/net settlement of RSUs), not a purchase (P) or sale (S) in the open market.

Context

• Net settlement/withholding is a routine administrative step when RSUs vest: the company retains (or cancels) a portion of the vested shares to cover required taxes. It does not necessarily indicate insider sentiment about the stock because shares were not sold on the market.