Form 4: Oracle Director Charles Moorman Reports Significant Stock Transactions, Including RSU Vesting and Share Disposition
Insider Transaction Report
Oracle Corp. Director Charles W. Moorman reported the acquisition of common stock through restricted stock unit vesting and the disposition of a significant number of shares, as detailed in a recent SEC Form 4 filing.
Summary
- Charles W. Moorman, a Director at Oracle Corp. (ORCL), filed a Form 4 detailing changes in his beneficial ownership.
- On May 31, 2025, Mr. Moorman acquired 2,986 shares of common stock through the exercise/conversion of restricted stock units (RSUs), indicated by transaction code 'M'.
- Concurrently, he disposed of 38,575 shares of common stock.
- Following these transactions, Mr. Moorman directly holds 0 shares of common stock.
- He indirectly holds 52,954 shares of common stock through multiple family trusts.
- Additionally, 2,114 restricted stock units were acquired, and 2,986 restricted stock units were disposed of (likely converted to common stock) on May 31, 2025.
- Each restricted stock unit represents the right to receive one share of common stock upon settlement.
- Restricted stock units vest 100% on the first anniversary of their grant date.
Sentiment
Score: 5
Explanation: The filing reports a mix of RSU vesting (positive, compensation related) and a significant disposition of shares (potentially negative, but common for tax planning or diversification). The net impact on direct holdings is a decrease, but indirect holdings remain substantial. Without further context on the reason for the sale, the sentiment is neutral to slightly negative.
Positives
- The acquisition of 2,986 common shares through the vesting of Restricted Stock Units (RSUs) indicates a component of director compensation being realized.
- The continued indirect ownership of 52,954 shares through trusts demonstrates ongoing alignment with shareholder interests.
Negatives
- The disposition of 38,575 shares of common stock by a director could be perceived negatively by the market, as it reduces direct ownership.
Future Outlook
N/A. This Form 4 reports past transactions and does not provide forward-looking statements or guidance.
Industry Context
N/A. This filing is specific to an individual director's stock transactions and does not provide broader industry context.
Stakeholder Impact
- Shareholders: The disposition of shares by a director could lead to questions about management's confidence or personal financial planning, potentially influencing investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/04/2019 | Power of Attorney (POA) filed for Charles Moorman IV. |
| 05/31/2025 | Date of earliest transaction reported, involving common stock and restricted stock units. |
| 06/03/2025 | Signature date of the Form 4 filing. |
Keywords
Oracle Corp, ORCL, SEC Form 4, Insider Trading, Beneficial Ownership, Charles W. Moorman, Director, Stock Transactions, Restricted Stock Units, RSU Vesting
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