Accuray Grants New Services SVP 1.3M Inducement Stock Units
Madison – October 31, 2026 -- Accuray Incorporated (NASDAQ: ARAY) granted 650,000 restricted stock units and 650,000 performance-based restricted stock units (at target) to Sofiane Laoussadi, its new Senior Vice President, Global Services & Solutions. The two awards cover 1.3 million shares of common stock at target.
Awards fall under NASDAQ inducement rule 5635(c)(4)
The Compensation Committee approved the grants as a material inducement for Laoussadi to join the company, in line with NASDAQ Listing Rule 5635(c)(4). Accuray disclosed them as that rule requires. Both awards took effect on October 30, 2026.
The grants sit outside the company's current equity plan. Their terms are generally consistent with those of the 2026 Equity Incentive Plan.