Form 4: Oracle Executive Edward Screven Reports Stock Transactions

Chief Corporate Architect Edward Screven reports acquisition and disposal of Oracle common stock and restricted stock units.

Summary

• Edward Screven, Chief Corporate Architect at Oracle, filed a Form 4 detailing changes in beneficial ownership.
• On September 20, 2024, Screven acquired 66,070 shares of common stock through the vesting of restricted stock units.
• Also on September 20, 2024, Screven disposed of 32,758 shares of common stock at a price of $167.59 to cover tax liabilities.
• An additional 23 shares were withheld for payment of tax liability upon vesting of restricted stock units granted to Screven's child before the child moved into Screven's household.
• Screven also reports beneficial ownership of common stock held by his child (870 shares) and spouse (10,188 shares).
• On September 19, 2024, Screven was granted 107,405 restricted stock units and his child was granted 239 restricted stock units, vesting in four equal annual installments.

Sentiment

Score: 5

Explanation: This is a neutral filing of stock transactions, typical for executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• Shareholders may be interested in these transactions as they provide insight into executive compensation and stock ownership.

Key Dates