Oracle (NYSE: ORCL) director awarded 1,550 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RUSCKOWSKI STEPHEN H reported acquisition or exercise transactions in this Form 4 filing.
Oracle Corp director Stephen H. Rusckowski received a grant of 1,550 restricted stock units. Each unit represents the right to receive one share of Oracle common stock at settlement. The restricted stock units vest 100% on the first anniversary of the grant date.
After this compensation-related award, Rusckowski holds 1,550 restricted stock units directly, with no open-market purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RUSCKOWSKI STEPHEN H
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
Grant price per unit: $0.00
Holdings after grant: 1,550 RSUs
+1 more
4 metrics
RSUs granted
1,550 units
Restricted stock units awarded to director Stephen H. Rusckowski
Grant price per unit
$0.00
Restricted stock unit grant recorded with no exercise price
Holdings after grant
1,550 RSUs
Total restricted stock units directly held after this Form 4 transaction
Vesting schedule
100% after one year
Restricted stock units vest 100% on first anniversary of grant date
Key Terms
Restricted Stock Unit, vest, underlying security
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 financial
"Restricted stock units vest 100% on first anniversary of grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
underlying security financial
"underlying_security_title": "Common Stock""
FAQ
What insider transaction did Oracle (ORCL) report for Stephen H. Rusckowski?
Oracle reported that director Stephen H. Rusckowski received 1,550 restricted stock units as a compensation-related award. These units convert into an equal number of Oracle common shares upon settlement, rather than reflecting an open-market stock purchase or sale.
How many Oracle restricted stock units were granted to Stephen H. Rusckowski?
Stephen H. Rusckowski was granted 1,550 restricted stock units. Each unit represents the right to receive one Oracle common share at settlement, giving him exposure to Oracle’s equity through stock-based compensation rather than a cash salary-only structure.
When do Stephen H. Rusckowski’s Oracle restricted stock units vest?
The restricted stock units granted to Stephen H. Rusckowski vest 100% on the first anniversary of the grant date. This means he must remain eligible through that one-year period before the units settle into Oracle common shares.
How many Oracle equity awards does Stephen H. Rusckowski hold after this grant?
After this transaction, Stephen H. Rusckowski holds 1,550 restricted stock units. These units, once vested and settled, will convert into 1,550 Oracle common shares, aligning his interests with shareholders through future equity ownership.