Larry Ellison Cancels Plan to Sell Oracle Stock

News related to:Oracle Corporation · 1 min read
AUSTIN, Texas, Sept. 12, 2026 /CourierPR/ -- Larry Ellison, the Executive Chair of the Board and Chief Technology Officer of Oracle Corporation, has announced the cancellation of his plan to sell Oracle stock. This development comes after no stock was sold under the 10b5-1 Plan he had previously established.
According to the press release, the plan to sell Oracle stock was part of a pre-arranged trading strategy designed to minimize the impact of insider trading regulations. However, Ellison has now decided to cancel this plan, stating that no Oracle stock was sold under the plan and that he has no other plans to sell any of his holdings.
Oracle Corporation, a provider of integrated applications and secure, autonomous infrastructure in the Oracle Cloud, operates in the technology sector. The company’s stock is listed on the New York Stock Exchange under the ticker symbol ORCL.
The cancellation of the stock sale plan is a significant move for Oracle Corporation, as it signals a change in Ellison’s financial strategy. This decision may impact investor perceptions and the company’s market dynamics, though the exact implications remain to be seen.
In a related statement, Oracle Corporation emphasized that the decision to cancel the stock sale plan is not indicative of any change in the company’s overall strategy or financial health. The company noted that statements in the press release are subject to material risks and uncertainties, as detailed in their SEC filings.