Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
Oracle Executive Chairman Larry Ellison canceled a plan to sell 50 million shares valued at roughly $7.5 billion just one day after the trading plan was disclosed in a regulatory filing. Oracle confirmed no shares were sold under the plan and Ellison does not currently intend to sell further holdings, leaving his stake of more than 38% unchanged. While scrapping the sale, Ellison has pledged 67 million more Oracle shares as loan collateral than he had a year prior, representing a 19% increase in pledged stock valued at $9.2 billion.
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- ✓ Larry Ellison canceled a plan to sell up to 50 million Oracle shares worth roughly $7.5 billion.
- ✓ Oracle reported no shares were sold under the canceled trading plan.
- ✓ Ellison maintains a stake of more than 38% in Oracle.
- ✓ Ellison pledged 67 million more Oracle shares as collateral than he did one year ago.
What changed
Ellison increased his loan collateral by 67 million shares, totaling $9.2 billion in pledged stock.
Live updates
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Larry Ellison Cancels $7.5 Billion Oracle Stock Sale and Increases Loan Collateral
Oracle Executive Chairman Larry Ellison canceled a plan to sell 50 million shares valued at roughly $7.5 billion just one day after the trading plan was disclosed in a regulatory filing. Oracle confirmed no shares were sold under the plan and Ellison does not currently intend to sell further holdings, leaving his stake of more than 38% unchanged. While scrapping the sale, Ellison has pledged 67 million more Oracle shares as loan collateral than he had a year prior, representing a 19% increase in pledged stock valued at $9.2 billion.
Why it matters
Oracle is managing $2.8 billion in restructuring costs and rising capital expenditures. This financial pressure coincides with workforce reductions following the loss of approximately 21,000 roles in fiscal 2026. The company also recently issued a force majeure notice regarding its flagship data center.
What is confirmed
- Larry Ellison canceled a plan to sell up to 50 million Oracle shares worth roughly $7.5 billion.
- Oracle reported no shares were sold under the canceled trading plan.
- Ellison maintains a stake of more than 38% in Oracle.
- Ellison pledged 67 million more Oracle shares as collateral than he did one year ago.
Still unconfirmed
- Ellison is a player in Paramount Skydance Corp.'s acquisition of Warner Bros. Discovery Inc.
- Ellison acquired eight ranch homes in Palm Meadows Estates for his household staff.
What to watch next
- Further regulatory filings regarding Ellison's loan collateral terms
- Updates on Oracle's flagship data center force majeure notice
- New workforce reduction figures for the current fiscal period
confidence 95%Sources used for this update (8)
- finance.yahoo.com — Larry Ellison Just Put $9.2 Billion of Oracle Stock Behind ...
- 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
- filinginsights.substack.com — Two SEC Filings, Twelve Days: Reading Oracle’s Signals on the ...
- www.europesays.com — Larry Ellison cancels plan to sell Oracle stock worth up to ...
- liveindex.org — Ellison Pledges $9.2 Billion in Oracle Stock as Loan Collateral
- economictimes.indiatimes.com — oracle larry ellison: Latest News & Videos, Photos about ...
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Larry Ellison Cancels $7.5 Billion Oracle Stock Sale Amid Job Cuts
Oracle Executive Chairman Larry Ellison canceled a trading plan to sell 50 million shares of company stock, a transaction valued at roughly $7.5 billion. Oracle reported on Saturday that no shares were sold under the plan and Ellison has no current intention to sell further holdings. This reversal occurs as Oracle implements new workforce reductions following the loss of approximately 21,000 roles in fiscal 2026. The company is currently managing rising capital expenditures and restructuring costs that have reached $2.8 billion.
Why it matters
The cancellation removes a major source of potential selling pressure on Oracle stock. This shift comes as the company invests heavily in artificial intelligence infrastructure. Management is balancing these growth costs against significant internal restructuring.
What is confirmed
- Larry Ellison canceled a plan to sell 50 million shares of Oracle stock.
- The canceled share sale was valued at approximately $7.5 billion.
- No stock was sold under the canceled trading plan.
Still unconfirmed
- Oracle is cutting jobs again after shedding about 21,000 roles in fiscal 2026.
- Oracle restructuring costs have risen to $2.8 billion.
What to watch next
- Official confirmation of the number of current job cuts
- Quarterly reports detailing the impact of AI infrastructure capital expenditures
confidence 90%Sources used for this update (2)
- www.ad-hoc-news.de — Oracle Trims Headcount Again While Ellison Scraps $7.5 Billion Share Sale
- digitalmarketreports.com — Larry Ellison Cancels Planned $7.5 Billion Oracle Stock Sale
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Larry Ellison Cancels $7.5 Billion Oracle Stock Sale Plan
Oracle co-founder and Executive Chairman Larry Ellison has canceled a trading plan that allowed him to sell up to 50 million shares. Valued at approximately $7.5 billion based on the company's recent stock price, the planned transaction was called off without an explanation from the company. Oracle announced the cancellation on Saturday, noting that no stock was sold under the plan and that Ellison currently has no other plans to sell his holdings. The surprise cancellation removes a potentially significant source of selling pressure as the technology company pursues a costly expansion into artificial intelligence infrastructure.
Why it matters
Trading plans of this scale are closely monitored by investors for signals regarding insider sentiment and liquidity needs. Ellison walked away from the transaction without providing a reason, leaving market observers to evaluate what the decision implies for the company's future direction. The reversal arrives while Oracle experiences stock price declines during its ongoing infrastructure expansion.
What is confirmed
- Oracle co-founder and Executive Chairman Larry Ellison canceled a trading plan to sell up to 50 million shares of company stock.
- The canceled shares were valued at approximately $7.5 billion based on the stock price preceding the announcement.
- Oracle announced the cancellation on Saturday and stated that no stock was sold under the plan.
- Ellison currently has no other plans to sell his holdings.
Still unconfirmed
- The decision to walk away from the sale reflects Ellison's bullish outlook on where the company is headed.
- The cancellation is tied to the company's current stock price slide and its costly expansion into artificial intelligence infrastructure.
What to watch next
- Any future filings from Oracle regarding insider trading plans or stock sales by Larry Ellison
- Official commentary from Oracle executives explaining the rationale behind the canceled stock sale
confidence 100%Sources used for this update (6)
- CNBC — Oracle's Larry Ellison adopts trading plan to sell up to $7.5 billion worth of stock
- 247wallst.com — On Second Thought, Never Mind: Here’s Why ORCL’s Larry Ellison Just Canceled $7.5 Billion Stock Sale
- pulse2.com — Larry Ellison Cancels Plan To Sell Up To $7.5 Billion Of Oracle Stock
- barrons.com — Oracle Stock Drops on Surprising Larry Ellison Announcement
- Yahoo Finance — Larry Ellison cancels plan to sell $7.5 billion in Oracle stock
- www.tekedia.com — Larry Ellison Cancels Planned $7.5 Billion Oracle Stock Sale as Shares Slide
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Larry Ellison Cancels Plan to Sell $7.5 Billion in Oracle Stock
Oracle co-founder and Executive Chair Larry Ellison has scrapped a plan to sell up to 50 million shares of company stock. Oracle announced the cancellation on Saturday, noting that the shares were valued at approximately $7.5 billion based on Friday's closing price. According to the company, no stock was sold under the 10b5-1 plan, and Ellison has no other current plans to sell his holdings.
Why it matters
A 10b5-1 plan allows company insiders to set predetermined schedules for selling stock to avoid accusations of insider trading. The decision to cancel a multi-billion dollar liquidation suggests a change in the executive's financial strategy or outlook on the company.
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.
- No stock was sold under the 10b5-1 plan.
- Ellison has no other plans to sell stock.
What to watch next
- New regulatory filings regarding Ellison's ownership stake
- Future 10b5-1 plan disclosures from Oracle executives
confidence 100%Sources used for this update (8)
- 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
- 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
- www.billionaires.africa — Billionaire Larry Ellison cancels his plan to sell $7.5 billion of Oracle stock
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