Oracle (NYSE: ORCL) legal chief sells 15,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ORACLE CORP executive vice president and chief legal officer Stuart Levey reported an open-market sale of 15,000 shares of Oracle common stock at an average price of $176.19 per share. After this transaction, he directly holds 3,429 shares. The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on January 13, 2026, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($2,642,850)
Net Sell
1 txn
Insider
Levey Stuart
Role
EVP, Chief Legal Officer
Sold
15,000 shs ($2.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $176.19 | $2.64M |
Holdings After Transaction:
Common Stock — 3,429 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Average sale price: $176.19 per share
Shares held after transaction: 3,429 shares
+1 more
4 metrics
Shares sold
15,000 shares
Open-market sale on April 16, 2026
Average sale price
$176.19 per share
Oracle common stock sale by Stuart Levey
Shares held after transaction
3,429 shares
Direct holdings following reported sale
Net share change
15,000 shares sold
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 Plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 Plan regulatory
"Sale of shares pursuant to Rule 10b5-1 Plan adopted on January 13, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action is described as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"The security title for the transaction is listed as Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider activity is reported in a Form 4 filing."
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 ORCL executive Stuart Levey report?
Stuart Levey reported selling 15,000 shares of Oracle common stock in an open-market transaction. The shares were sold at an average price of $176.19 per share, and the trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted earlier in 2026.
Was Stuart Levey’s Oracle (ORCL) stock sale under a Rule 10b5-1 plan?
Yes. The filing notes the 15,000-share sale was conducted pursuant to a Rule 10b5-1 trading plan. That plan was adopted on January 13, 2026, indicating the trade was scheduled in advance rather than initiated on a discretionary basis at the time of sale.
What role does Stuart Levey hold at Oracle (ORCL) in this Form 4 filing?
In this Form 4, Stuart Levey is identified as an officer of Oracle, serving as executive vice president and chief legal officer. The reported transaction therefore reflects insider activity by a senior legal and executive leader within the company’s management team.