Form 4: Oracle Director Naomi Seligman Reports Stock Disposals

Oracle director Naomi Seligman reported the disposal of 1,444 common shares on November 7, 2024, through a gift.

Summary

• Naomi Seligman, a director at Oracle Corp, filed a Form 4 disclosing changes in her beneficial ownership of the company's stock.
• On November 7, 2024, she disposed of 1,444 shares of common stock through a gift.
• The transaction was reported as a disposal with a price of $0.
• Following the transaction, Ms. Seligman directly owns 36,630 shares of Oracle common stock.
• She also indirectly owns 6,010 shares through her spouse and 14,414 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by a director. It doesn't indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to a director's stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, as mandated by the SEC.
• Similar filings are made by directors and officers of companies like Microsoft (MSFT), Apple (AAPL), and Amazon (AMZN) when they trade their company's stock.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small disposal by a director.

Key Dates

Keywords

Oracle, Director, Form 4, Stock Disposal, Beneficial Ownership, Naomi Seligman, Share Transaction