[Form 4] ORACLE CORP Insider Trading Activity
Insider transactions by Michael D. Sicilia at Oracle Corporation (ORCL) show settlement of restricted stock units and subsequent open-market sales in mid-September 2025. On 09/15/2025 Mr. Sicilia was credited with 52,673 RSUs that vested and 25,468 shares were disposed to cover taxes at $292.18 per share, leaving 126,417.279 shares. On 09/16/2025 he sold 16,323 shares at $313.60, leaving 110,094.279 shares. An additional 2,655 shares are indirectly owned by spouse. The filing indicates a 10b5-1 plan/covered transaction and was signed by a power of attorney.
- Transactions disclosed clearly with dates, amounts, and prices for RSU vesting, tax-withholding, and sale
- 10b5-1 plan checkbox marked, indicating sales likely executed under a pre-established written plan
- Power of attorney disclosed and form signed by attorney-in-fact, showing administrative completeness
- Net reduction in direct beneficial ownership from 151,885.279 to 110,094.279 shares after vesting, withholding, and sales
- Open-market sale occurred (16,323 shares at $313.60), which could be interpreted by some market participants as insider selling
Insights
TL;DR: Routine executive equity vesting with tax-withholding and modest open-market sales; no unusual dilution or large one-off sale.
The filing documents settlement of vested restricted stock units and customary withholding to cover taxes, followed by a small market sale. The transactions reduced the reporting person’s direct holdings from 151,885.279 shares to 110,094.279 shares. Prices reported ($292.18 withheld; $313.60 sale) are consistent with market activity and the 10b5-1 checkbox suggests preplanned selling. For investors, this appears operationally routine rather than a material change to corporate capitalization.
TL;DR: Disclosure is complete for RSU vesting and related sales; use of POA and 10b5-1 noted.
The Form 4 specifies that RSUs vested and shares were withheld to satisfy tax obligations, with remaining shares sold across two dates. The filer checked the box indicating the transactions were pursuant to a written plan that may provide Rule 10b5-1 affirmative defense. The form is signed by an attorney-in-fact with a POA on file, which is properly disclosed. No governance red flags such as undisclosed related-party transactions or abrupt, large disposals are present in this filing.