Larry Ellison Cancels Oracle Stock Sale Plan
Oracle announced that co-founder Larry Ellison has canceled a plan to sell up to fifty million shares worth roughly seven billion and a half dollars. No stock was sold under the trading plan, and he holds no other plans to sell his shares.
Insights:
Oracle co-founder Larry Ellison canceled a plan to sell up to 50 million shares worth $7.5 billion on Saturday. The planned stock sale was originally scheduled to run through October 24, 2026. No shares were sold under the trading plan, according to Oracle filings.
