Insider Trading Arrangements |
3 Months Ended |
|---|---|
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Feb. 29, 2024
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| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | Our Section 16 officers and directors (as defined in Rule 16a-1 under the Exchange Act) may from time to time enter into plans for the purchase or sale of Oracle stock that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. During the quarter ended February 29, 2024, the following Section 16 officer adopted, modified or terminated “Rule 10b5-1 trading arrangements” (as defined in Item 408 under Regulation S-K of the Exchange Act): • Michael Boskin, a member of the Board of Directors, adopted a new trading plan on February 6, 2024. The plan’s maximum duration is until May 30, 2025, and first trades will not occur until May 7, 2024, at the earliest. The trading plan is intended to permit Dr. Boskin to exercise and sell 45,000 stock options expiring on May 31, 2025. The Rule 10b5-1 trading arrangement described above was adopted and precleared in accordance with Oracle’s Insider Trading Policy and actual sale transactions made pursuant to such trading arrangements will be disclosed publicly in future Section 16 filings with the SEC. |
| Michael Boskin [Member] | |
| Trading Arrangements, by Individual | |
| Name | Michael Boskin |
| Title | member of the Board of Directors |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | February 6, 2024 |
| Termination Date | May 30, 2025 |
| Aggregate Available | 45,000 |