Levey Stuart 4
4 · ORACLE CORP · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
Oracle (ORCL) CLO Stuart Levey Receives Dividend-Equivalent Award
What Happened
Stuart Levey, EVP and Chief Legal Officer of Oracle, was credited with 337.783 derivative shares as an award (code A) on January 23, 2026. The filing values the award at $177.16 per share, for a total of approximately $59,842. This was an award of dividend equivalents related to previously earned restricted stock units — not an open-market purchase or sale.
Key Details
- Transaction date and price: January 23, 2026 at $177.16 per share.
- Shares awarded: 337.783 derivative shares; total value ≈ $59,842.
- Transaction type: Award (A) — dividend equivalents on earned RSUs.
- Footnote: These represent dividend equivalents accrued on RSUs granted Nov 5, 2022, which Levey elected to defer; the number was calculated using Oracle’s closing price on Jan 23, 2026 (F1).
- Shares owned after transaction: Not specified in the provided filing.
- Filing: Report filed Jan 26, 2026 (timely under standard Form 4 rules).
Context
This transaction reflects dividend equivalents paid on deferred, earned RSUs being converted to share equivalents — a routine compensation/deferral event rather than a market buy or sell. Such derivative awards are common in executive compensation and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1]2026-01-23$177.16/sh+337.783$59,842→ 159,494.982 total→ Common Stock (337.783 underlying)
Footnotes (1)
- [F1]Represents dividend equivalents accrued with respect to earned restricted stock units that were granted on November 5, 2022, which the reporting person has elected to defer. The number of dividend equivalents reported was calculated using Oracle's closing stock price on January 23, 2026 ($177.16), the date on which dividends were paid on Oracle's common stock.