Oracle's Catz Cashes Out Nearly $1B in Stock Sales Within a Week
Rhea-AI Filing Summary
Oracle Corp Form 144 filing reveals CEO Safra Catz's planned sale of 1,873,791 shares of common stock with an aggregate market value of $397.8 million through Fidelity Brokerage Services. The transaction is scheduled for June 25, 2025, on the NYSE.
Key transaction details:
- Shares were acquired through stock options exercise on June 25, 2025
- Payment was made in cash
- Total outstanding shares: 2.81 billion
Notable recent trading activity by Catz in the past 3 months:
- June 20, 2025: Sold 2,284,371 shares for $474.2 million
- June 23, 2025: Sold 1,410,547 shares for $289.8 million
This Form 144 represents a significant insider transaction, with Catz selling approximately $1.16 billion worth of Oracle stock within a one-week period.
Positive
- None.
Negative
- CEO Safra Catz sold a total of approximately 5.57 million shares worth over $1.16 billion in three transactions within a week, representing a significant insider sale volume