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.
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- 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
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the total value of ORCL stock sales by Safra Catz in the past 3 months before the June 2025 Form 144?
In the three months prior to the Form 144 filing, Safra Catz made two significant sales of ORCL stock: 2,284,371 shares on June 20, 2025 ($474,221,028.00) and 1,410,547 shares on June 23, 2025 ($289,786,866.00), totaling approximately $764 million in gross proceeds.
Where and when does Safra Catz plan to execute the ORCL stock sale?
According to the Form 144 filing, Safra Catz plans to execute the stock sale on the NYSE (New York Stock Exchange) with an approximate date of sale of June 25, 2025.