ARAY · Accuray Inc
One customer — 17% of revenue (the three months ended March 31, 2026)
“The JV represented approximately 17% and 21% of our total net revenue during the three months ended March 31, 2026 and 2025 respectively”
One customer — 16% of revenue (the nine months ended March 31, 2026)
“and represented approximately 16% and 27% of our total net revenue during the nine months ended March 31, 2026 and 2025 respectively.”
One customer — 13% of receivables (As of March 31, 2026)
“As of March 31, 2026, and June 30, 2025, the JV represented approximately 13% and 33%, respectively, of our total accounts receivable balance.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-05-29 | Miele Paul Michael |
SVP, Chief Commercial Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. One-fourth (1/4) of the total number of RSUs will be scheduled to vest on April 30, 2027 and will continue to vest as to one-fourth (1/4) of the total number of RSUs on each of the one (1), two (2), and three (3) year anniversaries of such date. |
Restricted Stock Units
|
650,000 |
| 2026-05-19 | TCW GROUP INC |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Indirect)
The warrants reported on this Form 4 were issued to the Holders by the Issuer on May 19, 2026 as consideration for the making of a Delayed Draw Term Loan under the Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the "Financing Agreement"), by and among the Issuer, the guarantors party thereto, TCW Asset Management Company LLC, as administrative agent and collateral agent, and the other parties signatory thereto. No separate consideration was paid for the warrants. After the issuance of the warrants reported on this Form 4, TCW owns warrants to purchase 18,942,059 shares of Common Stock of the Issuer. The TCW Group, Inc. ("TCW") is filing this Form 4 on behalf of itself and its direct and indirect subsidiaries, which collectively constituted TCW business unit (the "TCW Business Unit") TCW Rescue Financing Fund II LP and West Virginia Direct Lending LLC (the "Holders"), which both are a part of the TCW Business Unit, are the respective record holders of the warrants reported herein. As such, TCW may be deemed to have or share beneficial ownership of the shares issuable upon exercise held directly by the Holders. TCW disclaims any beneficial ownership of securities held by the Holders other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
Warrant to Purchase Common Stock
(I)
|
60,504 |
| 2026-05-19 | TCW GROUP INC |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Indirect)
The warrants reported on this Form 4 were issued to the Holders by the Issuer on May 19, 2026 as consideration for the making of a Delayed Draw Term Loan under the Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the "Financing Agreement"), by and among the Issuer, the guarantors party thereto, TCW Asset Management Company LLC, as administrative agent and collateral agent, and the other parties signatory thereto. No separate consideration was paid for the warrants. After the issuance of the warrants reported on this Form 4, TCW owns warrants to purchase 18,942,059 shares of Common Stock of the Issuer. The TCW Group, Inc. ("TCW") is filing this Form 4 on behalf of itself and its direct and indirect subsidiaries, which collectively constituted TCW business unit (the "TCW Business Unit") TCW Rescue Financing Fund II LP and West Virginia Direct Lending LLC (the "Holders"), which both are a part of the TCW Business Unit, are the respective record holders of the warrants reported herein. As such, TCW may be deemed to have or share beneficial ownership of the shares issuable upon exercise held directly by the Holders. TCW disclaims any beneficial ownership of securities held by the Holders other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
Warrant to Purchase Common Stock
(I)
|
75,630 |
| 2026-05-19 | TCW GROUP INC |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Indirect)
The warrants reported on this Form 4 were issued to the Holders by the Issuer on May 19, 2026 as consideration for the making of a Delayed Draw Term Loan under the Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the "Financing Agreement"), by and among the Issuer, the guarantors party thereto, TCW Asset Management Company LLC, as administrative agent and collateral agent, and the other parties signatory thereto. No separate consideration was paid for the warrants. After the issuance of the warrants reported on this Form 4, TCW owns warrants to purchase 18,942,059 shares of Common Stock of the Issuer. The TCW Group, Inc. ("TCW") is filing this Form 4 on behalf of itself and its direct and indirect subsidiaries, which collectively constituted TCW business unit (the "TCW Business Unit") TCW Rescue Financing Fund II LP and West Virginia Direct Lending LLC (the "Holders"), which both are a part of the TCW Business Unit, are the respective record holders of the warrants reported herein. As such, TCW may be deemed to have or share beneficial ownership of the shares issuable upon exercise held directly by the Holders. TCW disclaims any beneficial ownership of securities held by the Holders other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
Warrant to Purchase Common Stock
(I)
|
105,882 |
| 2026-05-19 | TCW GROUP INC |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Indirect)
The warrants reported on this Form 4 were issued to the Holders by the Issuer on May 19, 2026 as consideration for the making of a Delayed Draw Term Loan under the Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the "Financing Agreement"), by and among the Issuer, the guarantors party thereto, TCW Asset Management Company LLC, as administrative agent and collateral agent, and the other parties signatory thereto. No separate consideration was paid for the warrants. After the issuance of the warrants reported on this Form 4, TCW owns warrants to purchase 18,942,059 shares of Common Stock of the Issuer. The TCW Group, Inc. ("TCW") is filing this Form 4 on behalf of itself and its direct and indirect subsidiaries, which collectively constituted TCW business unit (the "TCW Business Unit") TCW Rescue Financing Fund II LP and West Virginia Direct Lending LLC (the "Holders"), which both are a part of the TCW Business Unit, are the respective record holders of the warrants reported herein. As such, TCW may be deemed to have or share beneficial ownership of the shares issuable upon exercise held directly by the Holders. TCW disclaims any beneficial ownership of securities held by the Holders other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
Warrant to Purchase Common Stock
(I)
|
1,414,040 |
| 2026-05-19 | TCW GROUP INC |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Indirect)
The warrants reported on this Form 4 were issued to the Holders by the Issuer on May 19, 2026 as consideration for the making of a Delayed Draw Term Loan under the Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the "Financing Agreement"), by and among the Issuer, the guarantors party thereto, TCW Asset Management Company LLC, as administrative agent and collateral agent, and the other parties signatory thereto. No separate consideration was paid for the warrants. After the issuance of the warrants reported on this Form 4, TCW owns warrants to purchase 18,942,059 shares of Common Stock of the Issuer. The TCW Group, Inc. ("TCW") is filing this Form 4 on behalf of itself and its direct and indirect subsidiaries, which collectively constituted TCW business unit (the "TCW Business Unit") TCW Rescue Financing Fund II LP and West Virginia Direct Lending LLC (the "Holders"), which both are a part of the TCW Business Unit, are the respective record holders of the warrants reported herein. As such, TCW may be deemed to have or share beneficial ownership of the shares issuable upon exercise held directly by the Holders. TCW disclaims any beneficial ownership of securities held by the Holders other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
Warrant to Purchase Common Stock
(I)
|
808,023 |
| 2026-05-19 | TCW GROUP INC |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Indirect)
The warrants reported on this Form 4 were issued to the Holders by the Issuer on May 19, 2026 as consideration for the making of a Delayed Draw Term Loan under the Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the "Financing Agreement"), by and among the Issuer, the guarantors party thereto, TCW Asset Management Company LLC, as administrative agent and collateral agent, and the other parties signatory thereto. No separate consideration was paid for the warrants. After the issuance of the warrants reported on this Form 4, TCW owns warrants to purchase 18,942,059 shares of Common Stock of the Issuer. The TCW Group, Inc. ("TCW") is filing this Form 4 on behalf of itself and its direct and indirect subsidiaries, which collectively constituted TCW business unit (the "TCW Business Unit") TCW Rescue Financing Fund II LP and West Virginia Direct Lending LLC (the "Holders"), which both are a part of the TCW Business Unit, are the respective record holders of the warrants reported herein. As such, TCW may be deemed to have or share beneficial ownership of the shares issuable upon exercise held directly by the Holders. TCW disclaims any beneficial ownership of securities held by the Holders other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
Warrant to Purchase Common Stock
(I)
|
1,010,028 |
| 2026-04-06 | Miele Paul Michael |
SVP, Chief Commercial Officer |
Other↑
|
No Securities Owned
|
0 |
| 2026-03-31 | Chalke Sandeep |
SVP, Chief Commercial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock that were withheld by the issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of RSUs. |
Common Stock
|
40,000 |
| 2026-02-28 | Peralta Leonel |
SVP, Chief Operations Officer |
Convert↑
|
Common Stock
|
83,723 |
| 2026-02-28 | Peralta Leonel |
SVP, Chief Operations Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock that were withheld by the issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of RSUs. |
Common Stock
|
28,969 |
| 2026-02-28 | Peralta Leonel |
SVP, Chief Operations Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Restricted Stock Units vest 25% annually over 4 years from grant date. |
Restricted Stock Units
|
83,723 |
| 2026-02-20 | MAYER STEVEN F |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.5334 to $0.5897, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. |
Common Stock
|
54,875 |
| 2026-02-19 | MAYER STEVEN F |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.5160 to $0.5523, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. |
Common Stock
|
69,000 |
| 2026-02-18 | MAYER STEVEN F |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.5100 to $0.5517, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. |
Common Stock
|
126,125 |
| 2025-12-31 | Scott Byron C |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Shares vesting were accelerated due to Mr. Scott's retirement from the Board of Directors on December 31, 2025. |
Common Stock
|
9,433 |
| 2025-12-31 | Scott Byron C |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. Shares vesting were accelerated due to Mr. Scott's retirement from the Board of Directors on December 31, 2025. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
9,433 |
| 2025-12-31 | Scott Byron C |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
These shares were forfeited due to a cash settlement election made by the director in the grant agreement. |
Common Stock
|
3,774 |
| 2025-12-01 | Pervaiz Ali |
SVP Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock that were withheld by the issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of RSUs. |
Common Stock
|
57,341 |
| 2025-12-01 | Chalke Sandeep |
SVP, Chief Commercial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock that were withheld by the issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of RSUs. |
Common Stock
|
64,477 |
| 2025-11-29 | Chalke Sandeep |
SVP, Chief Commercial Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Includes 2,500 shares acquired on November 28, 2025 under the Accuray Employee Stock Purchase Plan in transactions that were exempt under Rule 16b-3(c). |
Common Stock
|
50,314 |
| 2025-11-29 | Pervaiz Ali |
SVP Chief Financial Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date. |
Restricted Stock Units
|
44,025 |
| 2025-11-29 | Chalke Sandeep |
SVP, Chief Commercial Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date. |
Restricted Stock Units
|
50,314 |
| 2025-11-29 | Pervaiz Ali |
SVP Chief Financial Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Includes 2,500 shares acquired on November 28, 2025 under the Accuray Employee Stock Purchase Plan in transactions that were exempt under Rule 16b-3(c). |
Common Stock
|
44,025 |
| 2025-11-28 | Hindman James M. |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | HUSS BEVERLY A |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | Scott Byron C |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | Peralta Leonel |
SVP, Chief Operations Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date. |
Restricted Stock Units
|
125,000 |
| 2025-11-28 | MAYER STEVEN F |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents an award of restricted shares of common stock of the Issuer under the Accuray Incorporated 2026 Equity Incentive Plan. 100% of the granted shares will vest on the first anniversary of grant date |
Common Stock
|
895,391 |
| 2025-11-28 | Galbato Chan |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of Restricted Stock Units that vested in full on grant date, 11/28/2025. |
Common Stock
|
50,000 |
| 2025-11-28 | Chalke Sandeep |
SVP, Chief Commercial Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date. |
Restricted Stock Units
|
110,000 |
| 2025-11-28 | MAYER STEVEN F |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | Pervaiz Ali |
SVP Chief Financial Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date. |
Restricted Stock Units
|
90,000 |
| 2025-11-28 | WHITTERS JOSEPH E |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | Galbato Chan |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | Nishimura Mika |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | La Neve Stephen R. |
Director, CEO |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date. |
Restricted Stock Units
|
1,064,814 |
| 2025-11-28 | Le Grand Anne Bryce |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/13/2026. |
Restricted Stock Units
|
56,603 |
| 2025-11-28 | MAYER STEVEN F |
Director |
Award↑
Filing footnotes — Performance Stock Award (Direct)
Each PSA represents a contingent right to receive one share of the Issuer's common stock. The performance stock awards vest upon the 30-day VWAP of Accuray's common stock achieving certain levels during specific performance periods. |
Performance Stock Award
|
1,250,000 |
| 2025-11-21 | MAYER STEVEN F |
Director |
Convert↑
|
Common Stock
|
45,620 |
| 2025-11-21 | MAYER STEVEN F |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/21/2025. |
Restricted Stock Units
|
45,620 |
| 2025-11-21 | Hindman James M. |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/21/2025. |
Restricted Stock Units
|
56,603 |
| 2025-11-21 | Scott Byron C |
Director |
Convert↑
|
Common Stock
|
56,603 |
| 2025-11-21 | Le Grand Anne Bryce |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/21/2025. |
Restricted Stock Units
|
56,603 |
| 2025-11-21 | Scott Byron C |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of the Issuer's common stock. This represents a Restricted Stock Unit that vests 100% on 11/21/2025. |
Restricted Stock Units
|
56,603 |
| 2025-11-21 | HUSS BEVERLY A |
Director |
Convert↑
|
Common Stock
|
56,603 |
| 2025-11-21 | Le Grand Anne Bryce |
Director |
Convert↑
|
Common Stock
|
56,603 |
| 2025-11-21 | Nishimura Mika |
Director |
Convert↑
|
Common Stock
|
56,603 |
| 2025-11-21 | WHITTERS JOSEPH E |
Director |
Convert↑
|
Common Stock
|
56,603 |
| 2025-11-21 | Hindman James M. |
Director |
Convert↑
|
Common Stock
|
56,603 |