secwatch.observer — SEC 8-K summary
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Issuer:     ACCURAY INC (ARAY)
CIK:        0001138723
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0000950170-25-016249
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accuray appoints Leonel Peralta COO with $450K base, $80K sign-on, $750K RSUs
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- Leonel Peralta named SVP, Chief Operations Officer effective Feb 3, 2025; previously VP Global Operations at Siemens Healthineers.
- Base salary $450K, sign-on $80K, annual bonus target 60% of base, performance bonus up to $300K.
- RSU grant of $750K vesting 25% annually over four years.
- Severance: 12 months salary without cause; 24 months salary + 200% target bonus on change-in-control termination.
- Full equity acceleration on change-in-control termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138723/000095017025016249/0000950170-25-016249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138723/000095017025016249/aray-20250203.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-016249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer