$ORCL · ORACLE CORP
Oracle filed an 8-K on September 12, 2026, disclosing that Larry Ellison, Executive Chair and CTO, has cancelled his 10b5-1 trading plan to sell Oracle stock. No shares were sold under the plan before termination, and Ellison stated he has no other plans to sell any Oracle stock.
- Larry Ellison cancelled his 10b5-1 trading plan to sell Oracle stock on September 12, 2026.
- No Oracle shares were sold under the plan prior to its termination.
- Ellison has no other plans to sell any Oracle stock, per the press release.
- Ellison is Oracle's Executive Chair and CTO, holding significant insider influence.
- The cancellation removes a potential overhang of insider selling pressure on ORCL shares.
Extended-hours trading shows ORCL at $145.01, down 3.42% from the regular close of $150.15 — but this move likely reflects broader market or unrelated dynamics, as the cancellation of an insider selling plan is inherently bullish. The filing itself removes a supply overhang.
A founder-chairman cancelling a pre-arranged stock sale plan removes a key insider-sentiment overhang for a $432B company.
Insider selling plans at mega-cap tech companies draw scrutiny; Ellison's cancellation signals confidence at a time when executive stock sales are closely watched for sentiment cues.
The press release includes standard safe-harbor language noting forward-looking statements are subject to risks detailed in Oracle's 10-K and 10-Q filings.
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