Larry Ellison cancels $7.5bn Oracle share sale
Oracle stock fell between 4% and 4.5% on Monday, 14 September 2026, following the cancellation of a plan by co-founder Larry Ellison to sell 50 million shares. The shares were valued at approximately $7.5 billion based on Friday's closing price. Ellison withdrew the plan on Saturday, one day after regulators made the filing public, without providing an explanation to investors. Market volatility coincided with broader concerns regarding Federal Reserve rate hikes.
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- ✓ Larry Ellison cancelled a plan to sell up to 50 million Oracle shares.
- ✓ The cancelled share sale was valued at approximately $7.5 billion.
- ✓ Oracle stock fell between 4% and 4.5% on 14 September 2026.
- ✓ The cancellation occurred one day after regulators made the trading plan public.
What changed
Oracle shares declined on Monday as a direct market reaction to the cancelled sale.
Live updates
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Oracle shares drop after Larry Ellison cancels $7.5 billion stock sale
Oracle stock fell between 4% and 4.5% on Monday, 14 September 2026, following the cancellation of a plan by co-founder Larry Ellison to sell 50 million shares. The shares were valued at approximately $7.5 billion based on Friday's closing price. Ellison withdrew the plan on Saturday, one day after regulators made the filing public, without providing an explanation to investors. Market volatility coincided with broader concerns regarding Federal Reserve rate hikes.
Why it matters
The sale would have liquidated a significant portion of Ellison's holdings in the company he co-founded. This sudden reversal occurs as Ellison's net worth has reportedly decreased by $200 billion over the past year.
What is confirmed
- Larry Ellison cancelled a plan to sell up to 50 million Oracle shares.
- The cancelled share sale was valued at approximately $7.5 billion.
- Oracle stock fell between 4% and 4.5% on 14 September 2026.
- The cancellation occurred one day after regulators made the trading plan public.
Still unconfirmed
- Larry Ellison's net worth dropped $200 billion in a year.
- Investor spooking was driven by Federal Reserve rate-hike fears.
What to watch next
- Official explanation from Larry Ellison or Oracle regarding the withdrawal
- Further regulatory filings concerning Ellison's share ownership
- Upcoming Federal Reserve interest rate announcements
confidence 90%Sources used for this update (5)
- 247wallst.com — Larry Ellison Cancels Plan To Sell $7.5 Billion In Oracle Stock After His Net Worth Dropped $200 Billion In A Year
- www.thewealthadvisor.com — Larry Ellison Scraps A Plan To Sell $7.5 Billion Of Oracle Stock
- finance.yahoo.com — Oracle falls as Ellison cancels $7.5 billion share sale
- finance.yahoo.com — Larry Ellison Cancels Plan to Sell $7.5 Billion in Oracle Stock
- www.financial-news.co.uk — Oracle Stock Fell as Ellison’s $7.5bn Share-Sale U-Turn Backfires
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Larry Ellison cancels $7.5 billion Oracle share sale
Oracle co-founder and Executive Chair Larry Ellison has canceled a trading plan to sell up to 50 million company shares. Based on Friday's closing price, the stock was valued at approximately $7.5 billion. Oracle announced the cancellation on Saturday, reversing a previous decision to adopt the trading plan. Ellison did not provide an explanation for the sudden withdrawal of the sale.
Why it matters
The move reverses a previously established trading plan that would have allowed Ellison to offload a significant portion of his holdings. Such sales by top executives often signal a shift in confidence or a need for liquidity. The reversal suggests a change in Ellison's outlook on the company's trajectory.
What is confirmed
- Larry Ellison canceled a plan to sell up to 50 million Oracle shares.
- The shares were worth about $7.5 billion at Friday's closing price.
- Oracle announced the cancellation on Saturday.
- Larry Ellison serves as Oracle's co-founder and Executive Chair.
What to watch next
- Official explanation from Larry Ellison regarding the reversal
- Future filings regarding Oracle stock trading plans
- Impact of the decision on Oracle stock price
confidence 100%Sources used for this update (11)
- WSJ — Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
- Financial Times — Larry Ellison cancels $7.5bn Oracle share sale
- Oracle - Investor Relations — Larry Ellison Cancels His Plan to Sell Oracle Stock
- CNBC — Oracle's Larry Ellison adopts trading plan to sell up to $7.5 billion worth of stock
- The Jerusalem Post — No. 17: Larry Ellison: The philanthropist of the Jewish world
- CNBC — Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
- Yahoo Finance — Larry Ellison Ends Plan to Sell Up to $7.5 Billion in Oracle Stock
- nypost.com — Larry Ellison cancels plan to sell Oracle stock worth up to $7.5B
- 247wallst.com — On Second Thought, Never Mind: Here’s Why ORCL’s Larry Ellison Just Canceled $7.5 Billion Stock Sale
- www.stl.news — Larry Ellison Cancels $7.5 Billion Oracle Stock Sale
- finance.biggo.com — Oracle Chairman Larry Ellison Abruptly Withdraws $7.5 Billion Stock Sale Plan
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