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Oracle says Larry Ellison cancels stock sale plan

Oracle discloses that Executive Chair Larry Ellison ended a 10b5-1 stock sale plan without selling any Oracle shares and has no current plans to sell his holdings.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Oracle Corporation (ORCL) reported that Larry Ellison has cancelled a pre-arranged 10b5-1 trading plan to sell Oracle stock. The company stated that no Oracle shares were sold under this plan before it was terminated on September 12, 2026, and that Ellison currently has no other plans to sell any of his Oracle holdings.

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Cancellation date of 10b5-1 Plan September 12, 2026 Date Oracle said Larry Ellison cancelled his 10b5-1 Plan to sell stock
Series D Mandatory Convertible Preferred Stock coupon 6.50% Dividend rate on Oracle's Series D Mandatory Convertible Preferred Stock represented by ORCL-PRD depositary shares
Information current as of September 12, 2026 Date through which Oracle states all information in the press release is current
10b5-1 Plan regulatory
"has cancelled his 10b5-1 Plan to sell Oracle stock"
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
Mandatory Convertible Preferred Stock financial
"6.50% Series D Mandatory Convertible Preferred Stock, par value $0.01 per share"
A mandatory convertible preferred stock is a type of investment that pays regular income like a preferred share but is designed to automatically turn into a set number of common shares at a future date, much like a timed coupon that becomes company ownership. It matters to investors because it combines a near-term income stream with a guaranteed future increase in the company’s share count, which can dilute existing owners and change earnings-per-share and voting balance.
forward-looking statements regulatory
"are “forward-looking statements” and are subject to material risks and uncertainties"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Emerging growth company regulatory
"Emerging growth company    Section 8—Other Events"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ORCL announce about Larry Ellison's stock sale plans?

Oracle announced that Larry Ellison cancelled his 10b5-1 Plan to sell Oracle stock. The company stated that no Oracle shares were sold under this plan before termination and that he currently has no other plans to sell any of his Oracle stock.

When did Oracle (ORCL) say Larry Ellison cancelled his 10b5-1 Plan?

Oracle stated that on September 12, 2026, Larry Ellison cancelled his 10b5-1 Plan to sell Oracle stock. The information in the announcement is described as current as of September 12, 2026.

Were any Oracle (ORCL) shares sold under Larry Ellison's cancelled plan?

No. Oracle stated that no Oracle stock was sold under Larry Ellison’s 10b5-1 Plan prior to its cancellation on September 12, 2026.

Does Larry Ellison currently have other plans to sell Oracle (ORCL) stock?

According to Oracle, Larry Ellison has no other plans to sell any of his Oracle stock following the cancellation of his prior 10b5-1 Plan.

What classes of securities does Oracle (ORCL) list on the NYSE?

Oracle lists Common Stock, par value $0.01 per share, under the symbol ORCL, and Depositary Shares each representing a 1/2,000th interest in a share of 6.50% Series D Mandatory Convertible Preferred Stock, under the symbol ORCL-PRD.

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ORACLE CORP Depositary Shares, each representing a 1/2,000th interest in a share of 6.50% Series D Mandatory Convertible Preferred Stock, par value $0.01 per false 0001341439 0001341439 2026-09-12 2026-09-12 0001341439 us-gaap:CommonStockMember 2026-09-12 2026-09-12 0001341439 us-gaap:SeriesDPreferredStockMember 2026-09-12 2026-09-12
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 12, 2026

 

 

Oracle Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-35992   54-2185193
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

 

(IRS Employer

Identification No.)

2300 Oracle Way, Austin, Texas 78741

(Address of principal executive offices) (Zip Code)

(737) 867-1000

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.01 per share   ORCL   New York Stock Exchange
Depositary Shares, each representing a 1/2,000th interest in a share of 6.50% Series D Mandatory Convertible Preferred Stock, par value $0.01 per share   ORCL-PRD   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Section 8—Other Events

Item 8.01 Other Events

On September 12, 2026, Oracle issued a press release announcing that Larry Ellison, Executive Chair of the Board and Chief Technology Officer of Oracle Corporation (“Oracle”), has cancelled his 10b5-1 Plan to sell Oracle stock. No Oracle stock was sold under the plan prior to termination. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Section 9—Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

 

Exhibit
No.
   Description
99.1    Press Release – Larry Ellison Cancels His Plan to Sell Oracle Stock, dated September 12, 2026
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ORACLE CORPORATION
Dated: September 14, 2026     By:  

/s/ Kimberly Woolley

    Name:   Kimberly Woolley
    Title:   Senior Vice President, Assistant General Counsel and Assistant Secretary

Exhibit 99.1

 

LOGO

 

Contact:      Ken Bond    Deborah Hellinger
   Oracle Investor Relations    Oracle Corporate Communications
   1.650.607.0349    1.212.508.7935
   ken.bond@oracle.com    deborah.hellinger@oracle.com

Larry Ellison Cancels His Plan to Sell Oracle Stock

AUSTIN, Texas, September 12, 2026 — Oracle Corporation (NYSE: ORCL) today announced that Larry Ellison, Executive Chair of the Board and Chief Technology Officer, has cancelled his 10b5-1 Plan to sell Oracle stock. No Oracle stock was sold under that plan, and he has no other plans to sell any of his Oracle stock.

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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Trademarks

Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

“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.

Filing Exhibits & Attachments

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