Form 4: Oracle Vice Chairman Jeffrey Henley Reports Stock Disposals
SEC Form 4 Filing
Jeffrey Henley, Vice Chairman of Oracle Corp, reported the disposal of 68,000 shares of common stock on October 28, 2024, through a gift.
Summary
- Jeffrey Henley, Vice Chairman of Oracle Corp, filed a Form 4 detailing changes in beneficial ownership.
- On October 28, 2024, Henley disposed of 68,000 shares of Oracle common stock through a gift.
- The transaction price was $0 per share.
- Following the transaction, Henley directly owns 1,097,576 shares and indirectly owns 706,214 shares through a GRAT.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by a high-ranking executive could be perceived negatively by some shareholders, although the context of a gift may mitigate concerns.
Key Dates
| Date | Description |
|---|---|
| 03/20/19 | Power of Attorney filed for Aimee Weast to act as Attorney in Fact for Jeffrey Henley |
| 10/28/2024 | Date of the stock disposal transaction |
| 10/29/2024 | Date of the signature on the Form 4 filing |
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