Form 4: Oracle EVP Maria Smith Reports Stock Transactions

Maria Smith, EVP and Chief Accounting Officer of Oracle, reported the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On August 5, 2024, Maria Smith, EVP and Chief Accounting Officer of Oracle, reported transactions involving Oracle common stock.
• Smith exercised restricted stock units, acquiring 3,250 and 3,375 shares of common stock.
• Simultaneously, Smith disposed of 1,690 and 1,755 shares of common stock at a price of $133.28 to cover tax liabilities associated with the vesting of the restricted stock units.
• Following these transactions, Smith directly owns 36,889 shares of Oracle common stock and 3,375 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't convey any specific positive or negative sentiment about the company's performance or future prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into insider activity but doesn't necessarily indicate a broader trend or signal for the company's performance.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they represent a small fraction of the total outstanding shares.

Key Dates