Form 4: Oracle EVP Levey Reports RSU Vesting & Tax Sale

Oracle's EVP and Chief Legal Officer, Stuart Levey, reported the vesting of restricted stock units and a subsequent sale of shares to cover tax liabilities.

Summary

• Stuart Levey, EVP and Chief Legal Officer of Oracle Corp, reported transactions on September 15, 2025.
• Levey acquired 26,337 shares of Common Stock upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Concurrently, 12,405 shares of Common Stock were disposed of at a price of $292.18 to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Levey directly beneficially owns 27,547 shares of Common Stock.
• Levey also directly beneficially owns 52,674 Restricted Stock Units.
• The Restricted Stock Units vest in four equal annual installments, beginning on the first anniversary of the date of grant.

Sentiment

Score: 5

Explanation: This is a neutral filing reporting routine insider transactions related to executive compensation. It does not indicate positive or negative company performance or strategic shifts.

Positives

• Stuart Levey received 26,337 shares of Oracle Common Stock through the vesting of Restricted Stock Units, indicating ongoing executive compensation and retention.

Negatives

• 12,405 shares of Common Stock were sold to cover tax liabilities, which is a routine event for RSU vesting and not indicative of a negative outlook.

Risks

• No specific risks were mentioned in this Form 4 filing.

Future Outlook

This filing does not contain forward-looking statements or guidance. It reports past transactions.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation. Such transactions are common across all industries for publicly traded companies where executives receive equity-based awards like Restricted Stock Units as part of their compensation packages. It does not provide broader industry trends or competitive insights.

Comparison to Industry Standards

• This filing reports a standard executive compensation event involving the vesting of restricted stock units and the subsequent sale of shares to cover tax obligations.
• This practice is a common component of executive compensation structures across major technology companies like Microsoft, Apple, and Google, where equity awards are used to align executive interests with shareholder value.
• The specific number of shares and value are particular to Oracle's compensation plan for Stuart Levey and are not directly comparable to specific projects or results of other companies without further context on total compensation packages.

Stakeholder Impact

• Shareholders: Minor, routine impact. The sale of shares for tax purposes is a common event and does not signal a change in the executive's confidence in the company. The vesting of RSUs is part of the approved compensation plan.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

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

Key Dates

Keywords

Oracle, ORCL, Stuart Levey, insider transaction, Form 4, RSU, restricted stock units, executive compensation, share sale, tax withholding