Form 4: Oracle Director Jeffrey Berg Reports Gift of Shares and Beneficial Ownership
SEC Form 4
Director Jeffrey Berg reports a gift of Oracle common stock and details beneficial ownership, including shares held directly, in a family trust, and by a spouse.
Summary
- On May 14, 2025, Jeffrey Berg, a director of Oracle Corp, reported a transaction involving Oracle's common stock.
- Berg gifted 12,334 shares of common stock.
- Following the transaction, Berg directly owns 0 shares.
- Berg indirectly owns 198,378 shares through The Berg Family Trust and 5,000 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction. 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, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant given the overall size of Oracle.
Key Dates
| Date | Description |
|---|---|
| 03/21/19 | Power of Attorney filed |
| 05/14/2025 | Date of transaction: Gift of common stock |
| 05/16/2025 | Date of signature |
Keywords
beneficial ownership, Form 4, Oracle, director, stock, gift
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