Oracle Corporation announced on September 12, 2026, that Larry Ellison, its Executive Chair of the Board and Chief Technology Officer, cancelled his 10b5-1 plan to sell Oracle stock. The company said no Oracle shares were sold under the plan and that Ellison has no other plans to sell any of his Oracle stock.
The Austin, Texas-based company disclosed the cancellation in a press release. Oracle did not provide additional details about when the plan was adopted, how many shares it covered or why Ellison cancelled it.
Oracle identified the arrangement as a 10b5-1 plan. The announcement stated only that the plan had been cancelled without any sales taking place under it.
Oracle said all information in the release was current as of September 12, 2026. It also said statements concerning future plans, expectations, beliefs, intentions and prospects are forward-looking statements subject to material risks and uncertainties, and that the company undertakes no duty to update any statement in light of new information or future events.