BOSKIN MICHAEL J 4
Research Summary
AI-generated summary
Oracle (ORCL) Director Michael J. Boskin Exercises & Sells Shares
What Happened
- Michael J. Boskin, a director of Oracle Corporation, on 2026-05-31 exercised/converted 2,114 derivative units (transaction code M) and on the same date disposed of 2,114 shares (transaction code M). He was also granted 1,550 restricted stock units (RSUs) (transaction code A) at $0.00 per unit.
- The filing does not report per-share dollar proceeds for the exercised/converted or disposed shares (listed as N/A), and the RSU grant is reported with a $0.00 price (typical for awards; total dollar values are not provided in the excerpt).
Key Details
- Transaction date: 2026-05-31; Form 4 filed 2026-06-02 (no indication in the filing excerpt that this was untimely).
- Exercise/conversion: 2,114 shares acquired then 2,114 shares disposed (both coded M); price shown as N/A in the filing.
- Grant: 1,550 RSUs (coded A) at $0.00 per unit.
- Footnotes: F1 — each RSU equals the right to one share at settlement; F2 — the RSUs vest 100% on the first anniversary of the grant date.
- Shares owned after the transactions are not specified in the provided filing excerpt.
Context
- The M code indicates an exercise or conversion of a derivative; because the conversion and disposal occurred on the same date, the filing shows the converted shares were subsequently disposed of (e.g., sale or transfer), but the filing does not state proceeds or reason.
- The 1,550 RSUs are an award that will vest in full one year after the grant (per footnote), so those shares are not immediately transferable until vesting.
- These are insider-reported transactions; facts above are from the Form 4 filing and do not imply motives or future company performance.