Form 4: Naomi O. Seligman, Oracle Director, Reports Stock Transactions
SEC Form 4 Filing
Director Naomi O. Seligman reports acquisition and disposal of Oracle shares and restricted stock units.
Summary
- Naomi O. Seligman, a director of Oracle Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 31, 2024, Seligman acquired 3,303 shares of common stock through the vesting of restricted stock units.
- Following the transaction, Seligman directly owns 38,074 shares of common stock.
- Seligman also indirectly owns 6,010 shares through a spouse and 14,414 shares through a trust.
- Additionally, Seligman acquired 2,986 restricted stock units, each representing the right to receive one share of common stock, and disposed of 3,303 restricted stock units.
- The restricted stock units vest 100% on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of earliest transaction: Acquisition and disposal of Oracle shares and restricted stock units. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
| 6/4/19 | Date power of attorney was filed. |
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