Summary by Futu AI
On December 5, 2024, Maria Smith, EVP and Chief Accounting Officer of Oracle, executed a series of stock transactions. Smith exercised options to acquire 11,016 shares of Oracle common stock at no cost, then immediately sold 5,740 shares at $188.19 per share.The sale generated total proceeds of $1,080,210.60. This transaction was executed as part of a payment for exercise price or tax liability by delivering or withholding securities. Following these transactions, Smith's direct ownership of Oracle common stock stands at 50,807 shares.These transactions were reported as completed, with both the acquisition and disposal occurring on the same day. The significant difference between the acquisition price (zero) and the sale price ($188.19) suggests a substantial gain for the executive, though this may be offset by associated tax liabilities.