Oracle legal chief converts stock units into 20,885 shares
Upon RSU vesting, 10,245 common shares were withheld for tax liability at $147.61 per share.
Rhea-AI Filing Summary
At ORCL, EVP, Chief Legal Officer Levey Stuart converted 20,885 restricted stock units into 20,885 common shares on September 19, 2026, with 41,769 restricted stock units reported following the conversion. On September 21, 2026, 10,245 common shares were withheld for tax liability upon vesting of restricted stock units at $147.61 per share. No Rule 10b5-1 plan is reported.
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Insights
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Insider Trade Summary
20,885 shares exercised/converted
Exercise
3 txns
Insider
Levey Stuart
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 10,245 | $147.61 | $1.51M |
| Exercise | Restricted Stock Unit F2, F3 | 20,885 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,885 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 41,769 contracts (Direct);
Common Stock — 28,523 shares (Direct)
Footnotes (3)
- F1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
- F2. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3. The restricted stock units vest in four equal annual installments, beginning on the first anniversary of the date of grant.
Key Figures
Restricted stock units converted: 20,885 restricted stock units
Common shares acquired: 20,885 shares
Restricted stock units following conversion: 41,769 restricted stock units
+3 more
6 metrics
Restricted stock units converted
20,885 restricted stock units
September 19, 2026
Common shares acquired
20,885 shares
Upon conversion of restricted stock units on September 19, 2026
Restricted stock units following conversion
41,769 restricted stock units
Reported following the September 19, 2026 conversion
Shares withheld for tax liability
10,245 common shares
Upon restricted stock unit vesting on September 21, 2026
Withholding price
$147.61 per share
Shares withheld for tax liability on September 21, 2026
Vesting schedule
4 equal annual installments
Beginning on the first anniversary of the date of grant
Key Terms
Restricted Stock Unit, vesting, settlement
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock."
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.
vesting financial
"upon vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"at settlement, one share of common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How do Levey Stuart's ORCL restricted stock units vest?
The restricted stock units vest in four equal annual installments, beginning on the first anniversary of the date of grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.