Form 4: Oracle Director Michael J. Boskin Reports Stock Transactions
SEC Form 4 Filing
Director Michael J. Boskin reports acquisition and disposal of Oracle common stock and restricted stock units.
Summary
- Michael J. Boskin, a director of Oracle Corp, reported transactions involving Oracle's common stock and restricted stock units on May 31, 2024.
- Boskin acquired 3,303 shares of common stock through the vesting of restricted stock units.
- He also acquired 2,986 restricted stock units, each representing the right to receive one share of common stock, which vest 100% on the first anniversary of the grant date.
- Following the reported transactions, Boskin directly owns 90,776 shares of Oracle common stock and indirectly owns 1,000 shares through his spouse.
- He also directly owns 2,986 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, reflecting insider confidence or lack thereof.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock and restricted stock unit transactions. |
| 06/03/2024 | Date of Form 4 filing. |
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