Oracle (NYSE: ORCL) director receives 1,550 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mihaljevic Tomislav reported acquisition or exercise transactions in this Form 4 filing.
Oracle Corp director Tomislav Mihaljevic received a grant of 1,550 restricted stock units (RSUs). Each RSU represents the right to receive one share of Oracle common stock at settlement. The RSUs vest 100% on the first anniversary of the grant date, and this award brings his reported RSU holdings to 1,550 units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mihaljevic Tomislav
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,550 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,550 shares (Direct, null)
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 granted: 1,550 units
Underlying common shares: 1,550 shares
RSUs after transaction: 1,550 units
+1 more
4 metrics
RSUs granted
1,550 units
Restricted stock unit award to director Tomislav Mihaljevic
Underlying common shares
1,550 shares
Each RSU represents one Oracle common share at settlement
RSUs after transaction
1,550 units
Total RSU holdings reported following this grant
Vesting schedule
100% at first anniversary
RSUs vest in full one year after the grant date
Key Terms
Restricted Stock Unit, vest 100% on first anniversary, Form 4
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.
vest 100% on first anniversary financial
"Restricted stock units vest 100% on first anniversary of grant date."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Oracle (ORCL) director Tomislav Mihaljevic report?
Oracle director Tomislav Mihaljevic reported receiving a grant of 1,550 restricted stock units. These units are a form of equity compensation that convert into Oracle common shares at settlement, aligning his interests more closely with long-term shareholder value.
How many Oracle (ORCL) restricted stock units did Tomislav Mihaljevic receive?
Tomislav Mihaljevic received 1,550 restricted stock units from Oracle. Each unit represents the future right to one share of common stock, giving him 1,550 underlying Oracle shares when the award ultimately settles, subject to the vesting conditions being satisfied.
When do Tomislav Mihaljevic’s Oracle (ORCL) restricted stock units vest?
The restricted stock units granted to Tomislav Mihaljevic vest 100% on the first anniversary of the grant date. This means he must remain eligible through that one-year period before the RSUs settle into Oracle common shares deliverable to him.
What does each Oracle (ORCL) restricted stock unit represent for Tomislav Mihaljevic?
Each restricted stock unit represents the right to receive one share of Oracle common stock upon settlement. After vesting, these RSUs convert into actual shares, giving Mihaljevic direct equity ownership rather than just a deferred compensation promise.
How many Oracle (ORCL) restricted stock units does Tomislav Mihaljevic hold after this grant?
Following this reported grant, Tomislav Mihaljevic holds 1,550 restricted stock units. All of these RSUs are tied to Oracle common stock and are held directly, providing potential future equity once the units fully vest and are settled.