Form 4: Oracle Director Jeffrey Berg Reports Acquisition of Shares and Restricted Stock Units Under 10b5-1 Plan
Insider Transaction Report
Oracle Corporation Director Jeffrey Berg has reported the acquisition of 2,986 shares of common stock through the conversion of restricted stock units and an additional 2,114 restricted stock units, executed under a pre-arranged trading plan.
Summary
- Jeffrey Berg, a Director at Oracle Corp (ORCL), reported changes in his beneficial ownership.
- On May 31, 2025, Mr. Berg acquired 2,986 shares of Oracle common stock through the conversion of restricted stock units (RSUs).
- Additionally, on the same date, he acquired 2,114 new restricted stock units.
- These transactions were conducted under a Rule 10b5-1(c) trading plan, which provides an affirmative defense against insider trading allegations.
- Following these transactions, Mr. Berg beneficially owns 201,364 shares indirectly through The Berg Family Trust and 5,000 shares indirectly through his spouse.
Sentiment
Score: 7
Explanation: The report details routine insider transactions involving the acquisition of common stock through RSU conversion and new RSU grants, executed under a Rule 10b5-1 plan. This is generally viewed positively as it aligns director interests with shareholders and demonstrates good governance, without indicating any negative developments.
Positives
- The acquisition of common stock and restricted stock units by a director indicates continued alignment of interests with shareholders.
- The transactions were conducted under a Rule 10b5-1(c) plan, demonstrating a commitment to transparent and pre-planned trading, which mitigates insider trading concerns.
Future Outlook
The document primarily reports past and pre-scheduled future transactions related to equity compensation and does not provide forward-looking statements or guidance on the company's financial performance or strategic outlook.
Industry Context
This Form 4 filing details a routine insider transaction for a director of a large technology company. It reflects standard equity compensation practices and personal investment decisions rather than broader industry trends or competitive dynamics.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Policy Adherence | The reported transactions were conducted pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-scheduled trades to avoid accusations of insider trading. | 05/31/2025 | Enhances transparency and reduces potential for insider trading concerns, reflecting sound corporate governance practices and a commitment to ethical trading. |
Related Party Transactions
- Indirect beneficial ownership of 201,364 shares by The Berg Family Trust.
- Indirect beneficial ownership of 5,000 shares by Spouse.
Stakeholder Impact
- Shareholders: Minor positive impact due to increased director ownership, which further aligns the director's financial interests with those of the company's shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/21/2019 | Power of Attorney (POA) filed for Aimee Weast, who signed the filing on behalf of Jeffrey Berg. |
| 05/31/2025 | Date of reported transactions, including the acquisition of common stock and restricted stock units. |
| 06/03/2025 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Oracle, ORCL, Jeffrey Berg, Director, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Common Stock, Beneficial Ownership, 10b5-1 plan
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