---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-011547"
form_type: "8-K"
ticker: "ARAY"
cik: "0001138723"
company_name: "ACCURAY INC"
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T06:58:54.402663+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Accuray amends Dedication Capital consulting pact; cuts fees 50%, vests 916K shares immediately

## Summary
- Cash compensation reduced 50%: Base fee $175K for Apr–Oct 2026, FY2026 incentive min $132.8K, Sep Q min $54.7K.
- 916,336 shares of Initial Restricted Shares (354,609 under 2016 plan, 561,727 under 2026) vested immediately as of Apr 1, 2026.
- 333,004 remaining Initial Restricted Shares to vest on Oct 31, 2026; PSAs still subject to stock price target.
- Company expects at least $362,500 in cash savings from the amendment.
- Consulting Agreement end date extended to October 31, 2026.

## SEC filing metadata
- accession: 0001437749-26-011547
- form_type: 8-K
- ticker: ARAY
- cik: 0001138723
- company_name: ACCURAY INC
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138723/000143774926011547/0001437749-26-011547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138723/000143774926011547/aray20260402c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-011547
- JSON: https://secwatch.observer/filing/0001437749-26-011547.json
- Plain text: https://secwatch.observer/filing/0001437749-26-011547.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.