Larry Ellison Cancels His Plan to Sell Oracle Stock
Oracle (ORCL) announced that Executive Chair and CTO Larry Ellison has cancelled his Rule 10b5-1 trading plan that would have sold Oracle stock, effective as of September 12, 2026.
Rhea-AI Summary
Oracle (ORCL) announced that Executive Chair and CTO Larry Ellison has cancelled his Rule 10b5-1 trading plan that would have sold Oracle stock, effective as of September 12, 2026.
No Oracle shares were sold under the cancelled plan, and the company states that Ellison currently has no other plans to sell any of his Oracle stock. The release also includes standard forward-looking statement cautions and directs investors to Oracle’s most recent SEC filings, including Forms 10-K and 10-Q, for detailed risk factor discussions.
Positive
- Larry Ellison cancelled his 10b5-1 stock sale plan as of September 12, 2026
- Under the cancelled plan, no Oracle shares were sold
- Ellison currently has no other plans to sell any of his Oracle stock
Negative
- None.
News Explained
Because no shares were sold under the cancelled plan, the disclosure adds no ownership change for existing Oracle holders from that plan.
Oracle announced on
A Rule 10b5-1 plan is a prearranged trading instruction that executes on a schedule or formula, so its cancellation ends that planned arrangement rather than recording a completed sale.
Key Terms
10b5-1 plan regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
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"Safe Harbor" Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, are "forward-looking statements" and are subject to material risks and uncertainties. A detailed discussion of risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/. All information set forth in this press release is current as of September 12, 2026. Oracle undertakes no duty to update any statement in light of new information or future events.
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SOURCE Oracle