Form 4: Oracle Executive Stuart Levey Reports Acquisition of Restricted Stock Units

Oracle's Executive Vice President and Chief Legal Officer, Stuart Levey, acquired 170,383 restricted stock units on January 23, 2025, representing deferred dividend equivalents.

Summary

• Stuart Levey, Executive Vice President and Chief Legal Officer at Oracle, reported the acquisition of 170,383 restricted stock units.
• These units represent dividend equivalents accrued from previously granted restricted stock units.
• The dividend equivalents were calculated using Oracle's closing stock price of $186.47 on January 23, 2025.
• Levey has elected to defer these dividend equivalents.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive's stock unit acquisition, with no positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies like Oracle. It provides transparency into the compensation and holdings of key executives.

Comparison to Industry Standards

• The reporting of stock unit acquisitions by executives is standard practice across publicly listed companies.
• Companies like Microsoft, Apple, and Amazon also regularly disclose similar transactions by their executives through SEC filings.
• The use of restricted stock units and dividend equivalents is a common form of executive compensation in the tech industry.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a routine executive compensation matter.
• The disclosure provides transparency to stakeholders regarding executive holdings.

Key Dates

Keywords

restricted stock units, dividend equivalents, Form 4, insider trading, Oracle, Stuart Levey, executive compensation