Form 4: Oracle EVP Levey Acquires Additional Stock Units

Oracle's EVP and Chief Legal Officer, Stuart Levey, acquired additional restricted stock units, including dividend equivalents and new grants, as part of his compensation.

Summary

• Stuart Levey, Executive Vice President and Chief Legal Officer of Oracle Corp (ORCL), acquired additional equity in the company.
• Acquired 142.94 Restricted Stock Units (RSUs) representing dividend equivalents accrued on previously granted RSUs from November 5, 2022.
• These dividend equivalents were calculated using Oracle's closing stock price of $280.07 on October 23, 2025, the date dividends were paid.
• Also acquired 49,988 new Restricted Stock Units.
• Each new RSU represents the contingent right to receive one share of common stock upon settlement.
• Following these transactions, Levey beneficially owns 159,157.199 of the first type of RSU and 49,988 of the second type of RSU.

Sentiment

Score: 7

Explanation: The acquisition of restricted stock units and dividend equivalents by a key executive indicates continued alignment of management interests with shareholder value and is a standard component of executive compensation, reflecting a generally positive, routine event.

Positives

• Executive Stuart Levey increased his beneficial ownership in Oracle, further aligning his interests with those of shareholders.
• The acquisition includes dividend equivalents, indicating a benefit from prior equity holdings and consistent compensation practices.

Future Outlook

The 49,988 Restricted Stock Units acquired will vest in four equal annual installments, beginning on the first anniversary of their grant date.

Industry Context

This transaction represents a routine executive compensation event, common across all industries, where equity awards are granted to align management incentives with company performance and shareholder interests.

Related Party Transactions

• Acquisition of restricted stock units by Stuart Levey, an executive of Oracle, as part of his compensation package.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholder value through equity ownership.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• The 49,988 Restricted Stock Units will vest in four equal annual installments, beginning on the first anniversary of the grant date.

Key Dates

Recommendation

This Form 4 reports a routine executive compensation event involving the acquisition of restricted stock units and dividend equivalents. It does not present new information that would fundamentally alter the investment thesis for Oracle, thus a 'hold' recommendation is appropriate.

Keywords

Oracle, ORCL, Stuart Levey, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, SEC Form 4