Form 4: Oracle Chief Legal Officer Reports Accrued RSU Dividend Equivalents
Insider Transaction Report
Oracle's EVP and Chief Legal Officer, Stuart Levey, reported the acquisition of 164.522 restricted stock units representing deferred dividend equivalents.
Summary
- Stuart Levey, Oracle's Executive Vice President and Chief Legal Officer, acquired 164.522 restricted stock units (RSUs).
- These RSUs represent dividend equivalents that accrued on previously earned restricted stock units, which were originally granted on November 5, 2022.
- Levey elected to defer these dividend equivalents.
- The number of dividend equivalents was calculated using Oracle's closing stock price of $242.83 on July 24, 2025, which was the date dividends were paid on Oracle's common stock.
- Following this reported transaction, Levey directly beneficially owns a total of 159,014.259 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction reporting dividend equivalents on existing equity awards, which is a standard part of executive compensation and does not reflect new operational performance or strategic shifts.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine compensation-related transaction for an executive.
Key Dates
| Date | Description |
|---|---|
| 11/05/2022 | Date original restricted stock units were granted. |
| 11/08/2022 | Date Power of Attorney was filed for Aimee Weast, Attorney in Fact for Stuart Levey. |
| 07/24/2025 | Date dividends were paid on Oracle's common stock, used for calculating the dividend equivalents. |
| 07/28/2025 | Date the Form 4 filing was signed. |
Keywords
Oracle, ORCL, Stuart Levey, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Dividend Equivalents, Executive Compensation
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