Oracle (ORCL) director Bruce Chizen exercises RSUs and receives new stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oracle Corp director Bruce R. Chizen reported routine equity compensation activity with no open-market trades. He exercised 2,114 restricted stock units into 2,114 shares of common stock, increasing his directly held common stock to 71,056 shares. He also received a new grant of 1,550 restricted stock units, each representing the right to receive one share of common stock at settlement and scheduled to vest 100% on the first anniversary of the grant date. In addition, 13,169 shares of common stock are reported as held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,114 shares exercised/converted
Mixed
4 txns
Insider
CHIZEN BRUCE R
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 — 71,056 shares (Direct, null);
Common Stock — 13,169 shares (Indirect, By Trust)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Restricted stock units vest 100% on first anniversary of grant date.
Key Figures
RSUs exercised into common stock: 2,114 shares
Direct common shares after transactions: 71,056 shares
New restricted stock unit grant: 1,550 units
+1 more
4 metrics
RSUs exercised into common stock
2,114 shares
Restricted Stock Unit conversion into Oracle common stock
Direct common shares after transactions
71,056 shares
Oracle common stock held directly after Form 4 transactions
New restricted stock unit grant
1,550 units
RSU grant representing future rights to Oracle common shares
Indirect common shares via trust
13,169 shares
Oracle common stock held indirectly through a trust
Key Terms
Restricted Stock Unit, derivative security, grant/award acquisition, indirect ownership
4 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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant/award acquisition financial
"Grant, award, or other acquisition"
indirect ownership financial
"total_shares_following_transaction ... ownership_type: indirect"
FAQ
What insider transactions did Oracle (ORCL) director Bruce R. Chizen report?
Bruce R. Chizen reported exercising 2,114 restricted stock units into 2,114 Oracle common shares and receiving a new grant of 1,550 restricted stock units. He also reported indirect ownership of 13,169 common shares through a trust and 71,056 common shares held directly.
What restricted stock unit awards did Bruce R. Chizen receive from Oracle (ORCL)?
Bruce R. Chizen received a grant of 1,550 restricted stock units, each representing the right to receive one Oracle common share at settlement. The filing states these restricted stock units vest 100% on the first anniversary of the grant date, subject to the plan’s terms.
What does each restricted stock unit represent in Bruce R. Chizen’s Oracle (ORCL) filing?
Each restricted stock unit in Bruce R. Chizen’s filing represents the right to receive one share of Oracle common stock at settlement. The filing further states that these restricted stock units vest in full on the first anniversary of the grant date under the award’s vesting schedule.