Event Brief
Larry Ellison cancels planned $7.5B Oracle stock sale
By The BriefBrief · Sources (2)
Filed: Sep 12, 2026 at 3:05 PM ET
Summary: Oracle founder Larry Ellison canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion at current prices. The reversal came a day after a regulatory filing disclosed the 10b5-1 trading plan adopted June 22 and set to end Oct. 24, with no shares sold under it.
WHO: Larry Ellison
WHAT: Canceled a 10b5-1 plan to sell up to 50 million Oracle shares (about $7.5 billion).
WHEN: Sep 12, 2026
WHERE: USA
WHY: Cause not yet established.
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