Form 4: Oracle Director George H. Conrades Reports Stock Transactions
SEC Form 4 Filing
Director George H. Conrades reported the acquisition and disposal of Oracle common stock and restricted stock units on May 31, 2024.
Summary
- On May 31, 2024, George H. Conrades, a director of Oracle Corp, engaged in transactions involving Oracle's common stock and restricted stock units.
- Conrades acquired 3,303 shares of common stock through the vesting of restricted stock units.
- Conrades also disposed of 3,303 shares of common stock.
- Additionally, Conrades acquired 2,986 restricted stock units, each representing the right to receive one share of common stock at settlement.
- Following these transactions, Conrades directly owns 21,139 shares of Oracle common stock and 2,986 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 standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock and restricted stock unit transactions. |
| 06/03/2024 | Date of signature for the Form 4 filing. |
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