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Insider Trading Arrangements
3 Months Ended 6 Months Ended
Nov. 30, 2023
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Nov. 30, 2023
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Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  

Our Section 16 officers and directors (as defined in Rule 16a-1 under the Exchange Act) may from time to time enter into plans for the purchase or sale of Oracle stock that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. During the quarter ended November 30, 2023, the following Section 16 officer adopted, modified or terminated “Rule 10b5-1 trading arrangements” (as defined in Item 408 under Regulation S-K of the Exchange Act):

Jeffrey O. Henley, our Vice Chairman of the Board of Directors, adopted a new trading plan on October 9, 2023. The plan’s maximum duration is until July 1, 2024, and first trades will not occur until January 8, 2024, at the earliest. The trading plan is intended to permit Mr. Henley to exercise and sell 400,000 stock options expiring on July 24, 2024.

 

The Rule 10b5-1 trading arrangement described above was adopted and precleared in accordance with Oracle’s Insider Trading Policy and actual sale transactions made pursuant to such trading arrangements will be disclosed publicly in future Section 16 filings with the SEC.

Jeffrey O Henley [Member]    
Trading Arrangements, by Individual    
Name Jeffrey O. Henley  
Title Vice Chairman of the Board of Directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date October 9, 2023  
Aggregate Available 400,000 400,000