Form 4: Oracle Executive Edward Screven Reports Stock Transactions
SEC Form 4 Filing
Chief Corporate Architect Edward Screven reports a transaction involving Oracle common stock on October 7, 2024.
Summary
- Edward Screven, Chief Corporate Architect at Oracle, filed a Form 4 on October 8, 2024, reporting changes in beneficial ownership of Oracle stock.
- On October 7, 2024, 245 shares of common stock were disposed of to cover tax liabilities at a price of $170.86 per share.
- Following the transaction, Screven directly owns 2,730,411 shares of Oracle common stock.
- Screven also indirectly owns 1,275 shares through a child and 10,188 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive stock transactions, which are common in publicly traded companies like Oracle. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 12/07/2018 | Power of Attorney filed for Edward Screven |
| 10/07/2024 | Date of stock transaction (disposal of shares for tax liability) |
| 10/08/2024 | Date of Form 4 filing |
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