Oracle director Berg exercises 2,114 RSUs, gets grant
Oracle Corp director Jeffrey Berg reported routine equity compensation changes.
Rhea-AI Filing Summary
Oracle Corp director Jeffrey Berg reported routine equity compensation changes. He exercised 2,114 restricted stock units, which converted into 2,114 shares of Oracle common stock held indirectly through The Berg Family Trust, bringing that trust’s indirect common stock holdings to 154,113 shares.
He also received a new grant of 1,550 restricted stock units, all held directly, each representing one future share of common stock at settlement. The filing notes an additional indirect holding of 1,450 common shares held by his spouse and includes a correction to previously reported indirect beneficial ownership from an earlier Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,550 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 2,114 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,114 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2. Reflects a reduction in the amount previously reported in a Form 4 filed by the Reporting Person on November 8, 2019 to correct an overstatement of the amount indirectly beneficially owned by the Reporting Person at that time.
- F3. Restricted stock units vest 100% on first anniversary of grant date.
Key Figures
Key Terms
Restricted stock unit financial
Exercise or conversion of derivative security financial
Grant, award, or other acquisition financial
indirectly beneficially owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Oracle (ORCL) director Jeffrey Berg report?
What new restricted stock unit award did Jeffrey Berg receive from Oracle (ORCL)?
Does the Oracle (ORCL) Form 4 include any corrections to prior ownership reports?
AI-generated analysis. How Rhea-AI works. Not financial advice.