Oracle Global Field Operations President Disposes Shares for Tax Obligations Upon RSU Vesting
ORACLE CORP
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Filing Summary
ORACLE CORP (ORCL) Form 4 Filing
Insider: Mark Hura (Pres., Global Field Operations)
Transaction: Shares Withheld for Taxes (Code F)
Shares: 12,440 @ $144.79 ($1,801,187.60)
Post-Transaction Direct Holdings: 250,168 shares
Significance: Low (Routine RSU Vesting & Tax Withholding)
Comprehensive Analysis
Executive Summary
On September 15, 2026, Mark Hura, President of Global Field Operations at Oracle Corp ($ORCL), completed transactions associated with routine equity compensation. A total of 28,531 restricted stock units (RSUs) vested into common shares, following which 12,440 shares were automatically withheld to cover tax liabilities at an execution price of $144.79 per share, totaling approximately $1.80 million.
Transaction Breakdown
- RSU Settlement (Code M): 28,531 RSUs were converted into an equivalent number of common shares at $0.00.
- Tax Withholding (Code F): 12,440 shares were withheld by the issuer to satisfy statutory tax obligations, valued at $144.79 per share ($1,801,187.60 total value).
- Net Share Increase: Mark Hura experienced a net addition of 16,091 common shares to his beneficial ownership.
- Post-Transaction Holdings: Direct beneficial ownership stands at 250,168 common shares, with 28,532 RSUs remaining unvested.
Trading Significance
This filing carries Low predictive significance for investors. The disposition was non-discretionary, executed strictly to settle statutory tax withholding required upon RSU vesting, rather than an open-market sale reflecting sentiment on company performance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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