Summary by Futu AI
Charles W. Moorman, associated with Oracle Corp [ORCL], executed a transaction on 05/31/2024 involving the acquisition of 3,303 shares of common stock. Following this transaction, Moorman's direct holdings in Oracle increased to a total of 35,589 shares. Additionally, Moorman has an indirect ownership of 47,454 shares through trusts. The transaction was classified as an exercise or conversion of derivative security, which is a common action for company insiders and can indicate confidence in the company's future performance.