Larry Ellison Cancels Plan to Sell Oracle Stock
Oracle Executive Chair and CTO Larry Ellison has cancelled his 10b5-1 plan to sell Oracle stock. No shares were sold under the plan.
Larry Ellison, Oracle's Executive Chair of the Board and Chief Technology Officer, has cancelled a previously established 10b5-1 plan to sell shares of Oracle stock. The company announced on September 12, 2026, that no Oracle shares were sold under this specific plan.
Ellison's decision to withdraw the selling plan does not alter his existing stock ownership in Oracle. He currently has no other pending plans for the sale of Oracle stock. This move may be interpreted by investors regarding the executive's confidence in the company's future performance.
Under SEC Rule 10b5-1, these plans provide a pre-arranged framework for executives to sell company stock, shielding them from insider trading accusations. The cancellation of such a plan, particularly when no sales have occurred, can sometimes lead to speculation about the company's outlook or executive intentions, though the absence of sales simplifies the immediate interpretation.