ORCL.NYSEOracle CORP

Form 4: Oracle Director Rona Alison Fairhead Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Rona Alison Fairhead reports acquisition and disposal of Oracle common stock and restricted stock units.

Summary

  • On May 31, 2024, Rona Alison Fairhead, a director of Oracle Corp, reported transactions involving Oracle's common stock and restricted stock units.
  • Fairhead acquired 3,303 shares of common stock through the vesting of restricted stock units.
  • She also disposed of 226 shares to cover tax liabilities at a price of $117.09 per share.
  • Following these transactions, Fairhead directly owns 18,722 shares of Oracle common stock.
  • She also indirectly owns 3,861 shares through Child 1, 3,720 shares through Child 2, and 3,694 shares through Child 3.
  • Additionally, Fairhead acquired 2,986 restricted stock units, each representing the right to receive one share of common stock upon settlement.
  • These restricted stock units vest 100% on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about ownership changes.

Future Outlook

The restricted stock units vest 100% on the first anniversary of the grant date, indicating a future increase in Fairhead's direct share ownership.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activity of directors and officers.

Stakeholder Impact

  • The transactions may provide shareholders with insights into the director's perspective on the company's stock value.

Key Dates

DateDescription
05/31/2024Date of stock transactions (acquisition and disposal of shares and restricted stock units).
7/31/2019Date POA filed.
06/03/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.