ORCL.NYSEOracle CORP

Form 4: Oracle Director William G. Parrett Reports Equity Transactions, Boosting Direct Common Stock Holdings

Sentiment:

Insider Transaction Report


Oracle Corp. Director William G. Parrett reported the acquisition of 2,986 shares of common stock through Restricted Stock Unit conversion and the grant of 2,114 new Restricted Stock Units.

Summary

  • Oracle Corp. Director William G. Parrett reported transactions on May 31, 2025, involving the company's equity securities.
  • Mr. Parrett acquired 2,986 shares of Oracle common stock through the conversion of Restricted Stock Units (RSUs).
  • Following this conversion, his direct beneficial ownership of common stock increased to 12,297 shares.
  • An additional 26,278 shares are held indirectly by a Trust.
  • Concurrently, Mr. Parrett was granted 2,114 new Restricted Stock Units, which vest 100% on the first anniversary of the grant date.
  • The disposition of 2,986 Restricted Stock Units was due to their conversion into common stock.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even through RSU conversion, and the grant of new RSUs, generally signals continued alignment of management interests with shareholders and ongoing compensation, which is a neutral to slightly positive signal.

Positives

  • Director William G. Parrett's acquisition of 2,986 shares of common stock through RSU conversion indicates continued equity ownership and alignment with shareholder interests.
  • The grant of 2,114 new Restricted Stock Units to the director suggests ongoing compensation and retention efforts by Oracle, reinforcing management's commitment.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

  • The acquisition of common stock and grant of Restricted Stock Units to Director William G. Parrett represent compensation-related transactions between the company and an insider.

Stakeholder Impact

  • Shareholders: The director's increased direct equity ownership aligns his interests more closely with shareholders, potentially fostering confidence.
  • Employees: No direct impact on general employees is indicated by this filing.

Key Dates

DateDescription
06/04/2019Date Power of Attorney (POA) was filed for Aimee Weast, Attorney in Fact for William G. Parrett.
05/31/2025Transaction Date for the acquisition of common stock via RSU conversion and the grant of new Restricted Stock Units.
06/03/2025Signature Date of the Form 4 filing.

Keywords

Oracle, ORCL, William G. Parrett, Director, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Common Stock, Equity, Beneficial Ownership

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