Summary by Moomoo AI
Oracle Corporation has announced that the LAWRENCE J. ELLISON REVOCABLE TRUST, associated with the company as an officer and affiliate, is set to sell 1,125,000 shares of common stock. The transaction is scheduled to occur on 07/16/2024, with the shares being acquired on the same date through the exercise of options under a registered plan. The shares will be acquired from the issuer, Oracle Corporation, and the payment will be made in cash. This sale follows a similar transaction in the past three months where the same number of shares were sold.
