Oracle (ORCL) director adds shares via 2,114 RSU exercise and 1,550-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oracle director Charles W. Moorman reported routine equity compensation activity. He exercised 2,114 restricted stock units, receiving the same number of Oracle common shares at a stated price of $0.0000 per share, and now holds 40,689 common shares directly.
He also received a new grant of 1,550 restricted stock units, each representing one future share of common stock, which vest 100% on the first anniversary of the grant date. In addition, he is shown with 52,954 common shares held indirectly through multiple family trusts, reflecting indirect ownership rather than a new market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,114 shares exercised/converted
Mixed
4 txns
Insider
MOORMAN CHARLES W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,550 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 2,114 | $0.00 | -- |
| Exercise | Common Stock | 2,114 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,550 shares (Direct, null);
Common Stock — 40,689 shares (Direct, null);
Common Stock — 52,954 shares (Indirect, By Trusts)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Shares held indirectly in multiple family trusts. Restricted stock units vest 100% on first anniversary of grant date.
Key Figures
RSUs exercised: 2,114 units
New RSU grant: 1,550 units
Direct common shares after transaction: 40,689 shares
+2 more
5 metrics
RSUs exercised
2,114 units
Restricted stock units converted to common stock on transaction date
New RSU grant
1,550 units
Restricted stock units granted, vesting 100% after one year
Direct common shares after transaction
40,689 shares
Direct Oracle common stock holdings following RSU exercise
Indirect common shares by trusts
52,954 shares
Oracle common stock held indirectly in multiple family trusts
Exercise price per RSU
$0.0000 per share
Stated price for RSU conversion into Oracle common stock
Key Terms
Restricted stock unit, Exercise or conversion of derivative security, Grant, award, or other acquisition, By Trusts, +1 more
5 terms
Restricted stock unit financial
"security_title: Restricted Stock Unit; each unit represents one common share at settlement"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security for 2,114 units"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition of 1,550 restricted stock units"
By Trusts financial
"nature_of_ownership: By Trusts, indicating indirect holdings in family trusts"
Indirect ownership financial
"ownership_type: indirect, reflecting shares held through multiple family trusts"
FAQ
What did Oracle (ORCL) director Charles W. Moorman report in this Form 4?
Charles W. Moorman reported routine equity compensation changes, including exercising 2,114 restricted stock units into common shares and receiving a new grant of 1,550 restricted stock units, without any open-market stock purchases or sales.
What new Oracle (ORCL) equity award did Charles W. Moorman receive?
He received a grant of 1,550 restricted stock units, each representing one future share of Oracle common stock. According to the filing, these restricted stock units vest 100% on the first anniversary of the grant date.
Were there any Oracle (ORCL) stock sales or purchases in this Form 4?
The Form 4 does not show any open-market purchases or sales by Charles W. Moorman. The reported activity consists of a derivative exercise of restricted stock units and a new restricted stock unit grant related to his equity compensation.
How do Charles W. Moorman’s restricted stock units in Oracle (ORCL) vest?
The filing states that the restricted stock units vest 100% on the first anniversary of the grant date. Once vested, each restricted stock unit entitles him to receive one share of Oracle common stock at settlement.