Summary by Moomoo AI
Oracle Corp's Officer, Safra Catz, is set to sell 2,750,000 shares of the company's common stock on March 25, 2024, with an aggregate market value of approximately $345.24 million. The shares were acquired on the same date through the exercise of employee stock options and were paid for in cash. This transaction follows a period where no significant sales were reported in the past three months. The plan for this sale was adopted on August 1, 2023.
