Form 4: Oracle Executive Stuart Levey Reports Changes in Beneficial Ownership
SEC Filing
EVP and Chief Legal Officer of Oracle, Stuart Levey, reports acquisition of dividend equivalents accrued from restricted stock units.
Summary
- Stuart Levey, EVP and Chief Legal Officer of Oracle, filed a Form 4 indicating changes in beneficial ownership.
- The report details the acquisition of 302.888 dividend equivalents related to restricted stock units granted on November 5, 2022.
- These dividend equivalents were accrued and deferred by Levey.
- The calculation of dividend equivalents was based on Oracle's closing stock price of $131.40 on April 23, 2025.
- Following the reported transaction, Levey beneficially owns 158,849.737 shares of Oracle common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 11/05/2022 | Date of grant for the restricted stock units related to the dividend equivalents. |
| 04/23/2025 | Date of the transaction and Oracle's closing stock price used for calculation. |
| 04/25/2025 | Date of the Form 4 filing. |
Keywords
Form 4, Oracle, Stuart Levey, Beneficial Ownership, Dividend Equivalents, Restricted Stock Units, ORCL
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