Form 4: Oracle Corp Vice Chairman Jeffrey Henley Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Henley, Vice Chairman of Oracle Corp, reports acquisition and disposal of Oracle common stock and restricted stock units on September 15, 2024.
Summary
- On September 15, 2024, Jeffrey Henley, Vice Chairman of Oracle Corp, reported transactions involving Oracle's common stock and restricted stock units.
- Henley acquired 19,752 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 8,606 shares were disposed of to cover tax liabilities related to the vesting.
- Following these transactions, Henley directly owns 59,258 derivative securities and indirectly owns 1,147,081 shares of common stock through a trust and 706,214 shares through a GRAT.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Comparison to Industry Standards
- Form 4 filings are a standard regulatory requirement for corporate insiders in the US, ensuring transparency in stock transactions.
- Similar filings are made by executives at companies like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN) to report changes in their beneficial ownership.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock disposals.
Key Dates
| Date | Description |
|---|---|
| 03/20/19 | Power of Attorney Filed |
| 09/15/2024 | Date of earliest transaction: Acquisition of stock via vesting of restricted stock units and disposal of shares for tax liability. |
| 09/17/2024 | Date of Form 4 filing. |
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