Home / Restatements / ACCURAY INC

5/5ACCURAY INC (ARAY): Non-reliance / restatement

Filed 2026-02-09 路 Form 8-K 路 Accession 0001437749-26-003515 micro

Market data

Price before filing: $0.62 (2026-02-06 close, split/dividend-adjusted)
Market cap at flag: $71.8M (2026-02-09) 路 Latest: $19.1M (2026-10-16)

What happened next

WindowARAYSPYvs SPY
30 days-26.3%-2.1%-24.2%2026-03-11
90 days-44.7%+7.3%-52.1%2026-05-11
180 days-52.8%+12.5%-65.4%2026-08-10

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider bought $19K (1 purchase)
30 days after: 1 insider bought $135K (3 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-11-19La Neve Stephen R.
CEO, Director
Purchase20,000$0.97$19KnoForm 4
2026-02-09: red flag filed
2026-02-18MAYER STEVEN F
Director
Purchase126,125$0.53$67KnoForm 4
2026-02-19MAYER STEVEN F
Director
Purchase69,000$0.53$37KnoForm 4
2026-02-20MAYER STEVEN F
Director
Purchase54,875$0.56$31KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-11-11 to 2026-03-11. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"Similarly, the report of the Company's independent registered public accounting firm accompanying the previously issued financial statements for fiscal year 2025 should no longer be relied upon."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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