[Form 4] Oracle Corp Insider Trading Activity
Oracle CEO Safra Catz reported significant insider trading activity through a pre-planned Rule 10b5-1 trading plan. On June 20-23, 2025, Catz exercised stock options for 3,694,918 shares at $51.13 per share and subsequently sold them in multiple transactions.
The transactions included:
- Exercise of 2,284,371 shares on June 20, followed by sales at prices ranging from $204.64 to $213.33
- Exercise of 1,410,547 shares on June 23, followed by sales at prices ranging from $202.63 to $207.23
Following these transactions, Catz's direct ownership stands at 1,118,592 shares. The stock options were part of a performance-based compensation package, with each exercise representing 1/7 of the vested options. The sales were executed pursuant to a Rule 10b5-1 plan established on September 25, 2024, demonstrating pre-planned, compliant insider selling activity.
- CEO Safra Catz exercised options at a favorable price of $51.13, significantly below current market price (~$204-213)
- The transactions were executed according to a pre-planned 10b5-1 trading plan established in September 2024, demonstrating proper compliance and forward planning
- The options exercise indicates successful achievement of performance goals as noted in footnote 17
- Large insider sale: CEO Safra Catz sold approximately 2.9 million shares over two days (June 20-23, 2025)
- Total value of shares sold is approximately $600 million, representing a significant reduction in CEO's direct ownership
- CEO's direct holdings reduced from over 3.4 million shares to approximately 1.1 million shares, a roughly 67% reduction in position
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