Oracle Corp (NYSE: ORCL) grants Levey 523.382 dividend-equivalent RSUs
Rhea-AI Filing Summary
Oracle executive Stuart Levey, EVP and Chief Legal Officer, received an award of 523.382 restricted stock unit dividend equivalents on July 24, 2026. These relate to earned restricted stock units granted on November 5, 2022 and were calculated using Oracle’s $114.99 closing stock price on that dividend payment date.
After this compensation-related acquisition, Levey directly holds 160,364.685 Oracle common stock equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levey Stuart
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1 | 523.382 | $114.99 | $60K |
Holdings After Transaction:
Restricted Stock Unit — 160,364.685 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalents accrued with respect to earned restricted stock units that were granted on November 5, 2022, which the reporting person has elected to defer. The number of dividend equivalents reported was calculated using Oracle's closing stock price on July 24, 2026 ($114.99), the date on which dividends were paid on Oracle's common stock.
Key Figures
Dividend-equivalent RSUs awarded: 523.382 units
Reference stock price: $114.99 per share
Holdings after transaction: 160,364.685 shares
+1 more
4 metrics
Dividend-equivalent RSUs awarded
523.382 units
Award of restricted stock unit dividend equivalents on July 24, 2026 related to a November 5, 2022 RSU grant.
Reference stock price
$114.99 per share
Oracle closing stock price on July 24, 2026 used to calculate the number of dividend-equivalent RSUs.
Holdings after transaction
160,364.685 shares
Direct Oracle common stock equivalents held by Stuart Levey following the dividend-equivalent RSU award.
Original RSU grant date
November 5, 2022
Date of the earned restricted stock units from which dividend equivalents accrued.
Key Terms
Restricted Stock Unit, dividend equivalents, earned restricted stock units
3 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with underlying security title 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.
dividend equivalents financial
"Represents dividend equivalents accrued with respect to earned restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
earned restricted stock units financial
"dividend equivalents accrued with respect to earned restricted stock units that were granted on November 5, 2022"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Oracle (ORCL) executive Stuart Levey report?
Stuart Levey reported receiving 523.382 restricted stock unit dividend equivalents on July 24, 2026. These units accrue on earned RSUs from a November 5, 2022 grant and are calculated using Oracle’s $114.99 closing stock price on that date.
Is the Oracle (ORCL) transaction a market purchase or sale of stock?
The reported Oracle (ORCL) transaction is a compensation-related award, not a market purchase or sale. It reflects dividend-equivalent restricted stock units accruing on previously earned RSUs, which Stuart Levey elected to defer rather than receiving cash dividends.
How was the 523.382-unit Oracle (ORCL) dividend-equivalent award calculated?
The 523.382-unit dividend-equivalent award was based on Oracle’s $114.99 closing stock price on July 24, 2026. That date corresponded to the payment of dividends on Oracle common stock, and the price was used to convert dividends into additional RSU equivalents.
What prior grant is linked to the new Oracle (ORCL) dividend-equivalent RSUs?
The dividend-equivalent RSUs are tied to earned restricted stock units granted on November 5, 2022. As dividends were paid on Oracle common stock, Levey accrued 523.382 additional RSU equivalents instead of receiving those dividends in cash.