Austin, Texas – September 16, 2026 -- Oracle Corporation (NYSE: ORCL) confirmed that Executive Chair and Chief Technology Officer Larry Ellison has cancelled his 10b5-1 trading plan to sell company stock, halting a scheduled divestment before any shares changed hands.
Ellison cancels stock sale plan with zero shares sold
Oracle stated no stock was sold under the now-terminated 10b5-1 plan. The company added that Ellison currently has no other arrangements in place to sell any of his Oracle shares.
Move removes near-term selling pressure from Oracle's top individual shareholder
10b5-1 plans allow corporate insiders to schedule stock trades in advance, shielding them from insider-trading allegations tied to material non-public information. Ellison, who holds the dual roles of Executive Chair and Chief Technology Officer, ranks among Oracle's largest individual shareholders, making any change to his trading intentions a closely watched data point for investors monitoring insider activity at the enterprise software and cloud infrastructure company.