Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion
Oracle co-founder and executive chairman Larry Ellison canceled a plan to sell up to 50 million company shares, valued at roughly $7.5 billion. Reuters reported the cancellation on September 12, 2026, noting that the decision came just one day after Oracle disclosed the trading plan in a regulatory filing. The reversal leaves Ellison holding his more than 38% stake unchanged, removing a massive potential supply of shares from the market. Oracle stated that no shares were sold under the scrapped plan.
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- ✓ Oracle co-founder and executive chairman Larry Ellison canceled a plan to sell up to 50 million Oracle shares worth roughly $7.5 billion.
- ✓ Reuters reported the cancellation on September 12, 2026, one day after Oracle disclosed the trading plan in a regulatory filing.
- ✓ Oracle confirmed that no shares were sold under the canceled plan.
- ✓ The decision leaves Larry Ellison's more than 38% stake in Oracle unchanged.
What changed
Oracle confirmed that Ellison officially scrapped the trading plan to sell up to 50 million shares.
Live updates
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Larry Ellison Cancels $7.5 Billion Oracle Stock Sale Plan
Oracle co-founder and executive chairman Larry Ellison canceled a plan to sell up to 50 million company shares, valued at roughly $7.5 billion. Reuters reported the cancellation on September 12, 2026, noting that the decision came just one day after Oracle disclosed the trading plan in a regulatory filing. The reversal leaves Ellison holding his more than 38% stake unchanged, removing a massive potential supply of shares from the market. Oracle stated that no shares were sold under the scrapped plan.
Why it matters
Trading plans of this scale are closely watched by market observers for signals regarding insider confidence and liquidity needs. Ellison retains a dominant position in the company, holding a stake exceeding 38%. At the same time, separate disclosures show Ellison has increased his pledged shares as collateral for loans, raising his encumbered holdings by 19% compared to the previous year.
What is confirmed
- Oracle co-founder and executive chairman Larry Ellison canceled a plan to sell up to 50 million Oracle shares worth roughly $7.5 billion.
- Reuters reported the cancellation on September 12, 2026, one day after Oracle disclosed the trading plan in a regulatory filing.
- Oracle confirmed that no shares were sold under the canceled plan.
- The decision leaves Larry Ellison's more than 38% stake in Oracle unchanged.
Still unconfirmed
- Market analysts indicate that surprise costs related to layoffs are outweighing the bullish signal of Ellison retaining his holdings.
What to watch next
- Future regulatory filings detailing any new trading plans from Larry Ellison
- Additional disclosures regarding Ellison's share pledges and loan collateral
confidence 100%Sources used for this update (6)
- www.insidermonkey.com — Oracle (ORCL) Says Ellison Canceled a Plan to Sell Up to $7.5 Billion in Shares. Does it Change the Investment Case?
- www.foreignpolicyjournal.com — Larry Ellison Scraps $7.5 Billion Oracle (NYSE: ORCL) Share Sale Plan, Leaving Investment Case Unchanged
- finance.yahoo.com — Oracle (ORCL) Says Ellison Canceled a Plan to Sell Up to $7.5 ...
- www.el-fondo.com — Oracle: Larry Ellison Cancels $7.5B Share Sale Plan
- finance.yahoo.com — Larry Ellison Just Put $9.2 Billion of Oracle Stock Behind His Loans
- www.europesays.com — Larry Ellison cancels plan to sell Oracle stock worth up to ...
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Oracle shares drop despite Larry Ellison canceling $7.5 billion stock sale
Oracle shares fell between 4% and 5% on Monday after co-founder Larry Ellison scrapped a plan to sell 50 million shares of company stock. While the cancellation removes a potential supply of shares from the market, investors reacted negatively to the news. Market analysts indicate that surprise costs related to layoffs are outweighing the bullish signal of Ellison retaining his holdings. This price drop occurred alongside similar 5% declines for Nebius and CoreWeave.
Why it matters
Ellison had previously established a formal trading plan to offload the assets. The move to cancel the sale suggests a change in the executive's immediate liquidity needs or outlook on the company. However, the market is treating the announcement as secondary to other financial disclosures.
What is confirmed
- Larry Ellison canceled a plan to sell 50 million shares of Oracle stock valued at $7.5 billion.
- Oracle shares fell between 4% and 5% on Monday.
Still unconfirmed
- Surprise cost disclosures regarding layoffs are threatening to overpower the signal of the canceled stock sale.
- Nebius and CoreWeave shares fell 5%.
What to watch next
- Official corporate disclosure of the specific layoff costs mentioned by analysts
- Further regulatory filings regarding Ellison's shareholdings
confidence 90%Sources used for this update (3)
- 247wallst.com — Oracle Slides 5% as Layoff Costs Outweigh Ellison’s Canceled $7.5B Stock Sale; Nebius and CoreWeave Fall 5%
- finance.yahoo.com — Oracle falls as Ellison cancels $7.5 billion share sale
- finance.yahoo.com — Oracle Falls 4.7% Despite Ellison Scrapping a 50 Million-Share Sale
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Larry Ellison cancels plan to sell $7.5 billion in Oracle stock
Oracle co-founder and Executive Chair Larry Ellison canceled a trading plan to sell up to 50 million shares of company stock. The shares were valued at approximately $7.5 billion based on Friday's closing price. Oracle announced the cancellation on Saturday. The move follows a period where Ellison had adopted a specific trading plan to offload the assets, but he has now scrapped the arrangement entirely.
Why it matters
Executive stock sales often signal internal sentiment about a company's valuation to the public market. This decision occurs as Barclays raised its price target for Oracle to $252 following a record first quarter.
What is confirmed
- Larry Ellison canceled a plan to sell up to 50 million Oracle shares.
- The stock sale was valued at approximately $7.5 billion based on Friday's closing price.
- Oracle announced the cancellation of the sale on Saturday.
- Larry Ellison serves as Oracle co-founder and Executive Chair.
Still unconfirmed
- Barclays raised its price target for Oracle to $252 after a record Q1.
What to watch next
- Official regulatory filings confirming the termination of the trading plan
- Further statements from Oracle regarding executive shareholdings
confidence 100%Sources used for this update (13)
- Financial Times — Larry Ellison to sell up to $7.5bn worth of Oracle stock
- WSJ — Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
- 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
- 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
- Reuters — Larry Ellison cancels plan to sell Oracle stock
- nypost.com — Larry Ellison cancels plan to sell Oracle stock worth up to $7.5B
- finance.yahoo.com — On Second Thought, Never Mind: Here’s Why ORCL’s Larry Ellison Just Canceled $7.5 Billion Stock Sale
- New York Post — Larry Ellison cancels plan to sell Oracle stock worth up to $7.5B
- TechCrunch — Larry Ellison cancels $7.5 billion sale of Oracle stock
- pulse2.com — Larry Ellison Cancels Plan To Sell Up To $7.5 Billion Of Oracle Stock
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