Form 4: Oracle Executive's RSU Vesting and Tax Withholding

Oracle's EVP, Chief Legal Officer, Stuart Levey, reported the vesting of restricted stock units and subsequent share disposition for tax obligations.

Summary

• Stuart Levey, Oracle's EVP, Chief Legal Officer, reported changes in beneficial ownership of Oracle common stock.
• On September 19, 2025, 20,884 shares of common stock were acquired upon the vesting of restricted stock units.
• Concurrently, 10,244 shares were disposed of at a price of $296.62 per share to cover tax liabilities related to the RSU vesting.
• Following these transactions, Levey beneficially owns 38,187 shares of common stock directly.
• Levey also holds 62,654 derivative securities in the form of restricted stock units.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine insider transaction related to executive compensation (RSU vesting and tax withholding) and does not reflect new operational or financial performance.

Positives

• EVP, Chief Legal Officer Stuart Levey received 20,884 shares of common stock through the vesting of restricted stock units, indicating ongoing executive compensation and retention.

Negatives

• 10,244 shares were sold to cover tax liabilities, which is a common practice but reduces the executive's direct shareholding.

Future Outlook

The restricted stock units vest in four equal annual installments, beginning on the first anniversary of the date of grant, indicating future vesting events for the remaining units.

Industry Context

This is a routine executive compensation event common across publicly traded companies, reflecting the standard practice of granting restricted stock units as part of long-term incentive plans for senior management.

Stakeholder Impact

• Shareholders: Minor, as it's a routine compensation event for an executive and does not significantly alter the company's capital structure or operational outlook.
• Employees: No direct impact mentioned.

Next Steps

• Remaining restricted stock units will continue to vest in four equal annual installments, starting from the first anniversary of their grant date.

Key Dates

Keywords

Oracle, ORCL, Stuart Levey, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Tax Withholding