Larry Ellison cancelled his 10b5-1 plan to sell Oracle stock on September 12, 2026. Oracle Corporation confirmed the cancellation in an official investor news release. No Oracle stock was sold under that plan.
💡 Frequently Asked Questions (FAQ)
- Q: Why did Larry Ellison cancel his 10b5-1 plan?
- A: Oracle confirmed the cancellation on September 12, 2026, but did not provide a specific reason in the investor release.
- Q: Was any Oracle stock sold under the cancelled plan?
- A: No. Oracle stated that no Oracle stock was sold under that 10b5-1 plan.
- Q: What is a 10b5-1 plan?
- A: A 10b5-1 plan is a pre-arranged trading plan that allows insiders to buy or sell company stock in advance to avoid insider trading concerns.