Oracle grants CEO Michael D. Sicilia 446K stock units
The award vests in installments from 2027 through 2031, with each installment subject to continued employment through its vesting date.
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Rhea-AI Filing Summary
Oracle Corp. granted Chief Executive Officer Michael D. Sicilia 446,197 restricted stock units on October 15, 2026. Each unit represents the right to receive one share of common stock at settlement. The units vest in installments: 40% on October 15, 2027, 30% on October 15, 2028, 20% on October 15, 2029, and 5% on each of October 15, 2030 and October 15, 2031, subject to his continued employment through each applicable vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2 | 446,197 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2. The shares subject to the restricted stock units will vest as to 40% on October 15, 2027, 30% on October 15, 2028, 20% on October 15, 2029, 5% on October 15, 2030 and 5% on October 15, 2031, subject to the Reporting Person's continued employment through each applicable vesting date
Key Figures
Key Terms
Restricted Stock Unit financial
settlement financial
vest financial
FAQ
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How many restricted stock units did ORCL CEO Michael D. Sicilia receive?
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