ORCL.NYSEOracle CORP
Form 4: Oracle Director Jeffrey Berg Reports Stock Transactions
Sentiment:
SEC Form 4 Filing
Director Jeffrey Berg reports acquisition and disposal of Oracle stock and restricted stock units.
Summary
- Jeffrey Berg, a director of Oracle Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 31, 2024, Berg acquired 3,303 shares of Oracle common stock through the vesting of restricted stock units.
- Berg also acquired 2,986 restricted stock units, each representing the right to receive one share of common stock, vesting 100% on the first anniversary of the grant date.
- Following these transactions, Berg directly owns 2,986 restricted stock units and indirectly owns 210,712 shares of common stock through The Berg Family Trust, and 5,000 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/21/19 | Power of Attorney filed for Aimee Weast to act as Attorney in Fact for Jeffrey Berg |
| 05/31/2024 | Date of earliest transaction: Acquisition of Oracle common stock and restricted stock units. |
| 06/03/2024 | Date of Form 4 filing. |
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