Form 4: Oracle Executive Maria Smith Reports Stock Transactions

EVP and Chief Accounting Officer of Oracle, Maria Smith, reports acquisition and disposal of Oracle common stock and restricted stock units.

Summary

• Maria Smith, EVP and Chief Accounting Officer of Oracle, filed a Form 4.
• On September 20, 2024, she acquired 5,506 shares of common stock upon vesting of restricted stock units.
• Also on September 20, 2024, 2,864 shares were disposed of at $167.59 to cover tax liabilities.
• Following these transactions, she directly owns 45,531 shares of common stock.
• On September 19, 2024, she acquired 47,736 restricted stock units.
• After these transactions, she directly owns 11,012 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: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It reflects routine compensation-related activities.

Future Outlook

The restricted stock units vest in four equal annual installments, beginning on the first anniversary of the date of grant, suggesting future transactions may occur as these units vest.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors to gauge management's sentiment and potential future stock performance.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares.
• The transactions are part of the executive's compensation package, impacting the executive and potentially other employees with similar compensation structures.

Key Dates