Form 4: Oracle Vice Chairman Jeffrey Henley Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Henley, Vice Chairman of Oracle, reports the acquisition and disposal of Oracle common stock and restricted stock units.
Summary
- Jeffrey Henley, Vice Chairman of Oracle, filed a Form 4 detailing changes in beneficial ownership.
- On September 20, 2024, 33,035 shares of common stock were acquired through the vesting of restricted stock units.
- Also on September 20, 2024, 14,540 shares were disposed of to cover tax liabilities at a price of $167.59 per share.
- Henley also acquired 53,703 restricted stock units on September 19, 2024.
- Following these transactions, Henley beneficially owns 1,180,116 shares indirectly through a trust, 706,214 shares indirectly through a GRAT, and 66,070 restricted stock units directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/20/19 | Power of Attorney Filed |
| 09/19/2024 | Acquisition of 53,703 Restricted Stock Units |
| 09/20/2024 | Acquisition of 33,035 shares of Common Stock via RSU vesting |
| 09/20/2024 | Disposition of 14,540 shares for tax liability |
| 09/23/2024 | Date of Form 4 Filing |
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