[Form 4] Oracle Corp Insider Trading Activity

Rhea-AI Filing Summary

Morgan Stanley has filed Amendment No. 1 to Schedule 13G for Golar LNG Ltd. (NASDAQ: GLNG). The filing, triggered by an event dated 30 June 2025, shows the bank now beneficially owns 2,531,820 common shares, equal to 2.4 % of the outstanding class.

Key ownership details include:

• Sole voting / dispositive power: 0 shares
• Shared voting power: 2,265,719 shares
• Shared dispositive power: 2,531,820 shares

The cover page explicitly states that Morgan Stanley has ceased to be a beneficial owner of more than 5 % of GLNG common stock, meaning the firm has reduced its position below the threshold that would classify it as a 5 % or greater holder. All shares are reported as held in the ordinary course of business, with no intent to influence control of the issuer.

The certification is signed by Authorized Signatory Christopher O’Hara on 8 July 2025.

Positive

• None.

Negative

• Morgan Stanley reduced its GLNG ownership below the 5 % threshold, potentially signalling lower institutional conviction and marginally weaker shareholder support.

Insights

Securities Analyst

TL;DR – Morgan Stanley cut its GLNG stake to 2.4 %, losing 5 % holder status; signal is mildly negative but not transformative.

Morgan Stanley’s amended 13G shows its ownership of Golar LNG common shares has dropped below the 5 % reporting threshold, now at 2.4 %. While the filing confirms that the position is held for ordinary-course trading and not strategic control, the move removes a sizeable institutional shareholder from the influential block-holder category. For investors, this suggests reduced passive support from a major broker-dealer, which can modestly dampen sentiment and liquidity support. However, the bank still holds over 2.5 million shares, so it remains a top-20 holder. No operational or financial metrics of GLNG are affected; therefore, the broader investment thesis around LNG shipping fundamentals stays unchanged.

Portfolio Manager

TL;DR – Stake reduction reflects possible de-risking; limited near-term impact but marginally negative signal.

Dropping from >5 % to 2.4 % implies Morgan Stanley disposed of roughly half its prior position. While ordinary-course language minimizes activist concerns, the sell-down signals less conviction and could contribute to incremental selling pressure if other holders follow. The change modestly increases GLNG’s free float, which is generally positive for liquidity, yet it also indicates a major institution is not actively adding. On balance, the disclosure is slightly negative for sentiment but not materially impactful to valuation without accompanying fundamental news.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Maria

(Last) (First) (Middle)

C/O DELPHI ASSET MGMT CORPORATION

200 S. VIRGINIA ST., SUITE 625

(Street)

RENO NV 89501

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ORACLE CORP [ ORCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/03/2025		S		10,000	D	$232.9897(1)	40,807	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $232.93 and $233.041. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Aimee Weast by Aimee Weast, Attorney in Fact for Maria Smith (POA filed 1/4/2023)	07/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Golar LNG shares does Morgan Stanley now own?

The bank reports 2,531,820 common shares beneficially owned, equal to 2.4 % of the class.

Does Morgan Stanley still have voting control over its GLNG shares?

It has shared voting power on 2,265,719 shares and no sole voting power.

Why was this Schedule 13G/A filed?

Morgan Stanley’s stake fell below the 5 % ownership threshold, requiring an amended 13G to update its holdings.

Is Morgan Stanley seeking to influence control of Golar LNG?

The certification states the shares are held in the ordinary course of business with no intent to influence control.

When was the filing signed and by whom?

It was signed on 07 July 2025 by Christopher O’Hara, Authorized Signatory.