Form 4: Oracle Director Naomi Seligman Sells Shares
SEC Form 4
Naomi Seligman, a director at Oracle, sold 2,866 shares of common stock on May 5, 2025, at a weighted average price of $149.533 per share.
Summary
- On May 5, 2025, Naomi O. Seligman, a director of Oracle Corp, sold 2,866 shares of Oracle's common stock.
- The sale was executed at a weighted average price of $149.533 per share, with individual trades occurring between $149.531 and $149.56.
- Following the transaction, Seligman directly owns 31,764 shares.
- She also indirectly owns 6,010 shares through her spouse and 14,414 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral transaction disclosure. The sale of shares by a director doesn't inherently indicate positive or negative sentiment without further context.
Industry Context
Sales of shares by company directors are a normal part of corporate governance. It is difficult to assess the impact of this sale without knowing the director's motivations and the context of other insider transactions.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/04/2019 | Power of Attorney filed for Aimee Weast to act as Attorney in Fact for Naomi O. Seligman |
| 05/05/2025 | Date of transaction: Naomi O. Seligman sold 2,866 shares of Oracle common stock. |
| 05/06/2025 | Date of signature for the Form 4 filing. |
Keywords
Oracle, Director, Share Sale, Naomi Seligman, ORCL, Form 4, Beneficial Ownership
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