Form 4: Oracle Vice Chairman Jeffrey Henley Executes Stock Option and Sells Shares Under 10b5-1 Plan

Oracle's Vice Chairman Jeffrey Henley exercised a stock option and sold shares of common stock under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 12, 2024, Jeffrey Henley, Vice Chairman of Oracle Corp, exercised a stock option to acquire 400,000 shares of Oracle common stock at a price of $40.47 per share.
• Simultaneously, Henley sold a total of 400,000 shares of Oracle common stock in a series of transactions at prices ranging from $125.2523 to $129.0273.
• These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 9, 2023.
• Following these transactions, Henley directly owns no shares and indirectly owns 1,107,916 shares through a trust and 706,214 shares through a GRAT.

Sentiment

Score: 5

Explanation: The document reports routine transactions under a pre-arranged trading plan, indicating a neutral sentiment.

Future Outlook

NA

Industry Context

Executive stock transactions are common and closely monitored by investors. Rule 10b5-1 plans allow insiders to sell shares over a predetermined period, mitigating concerns about trading on non-public information.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates