Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
Oracle distributed nearly $1 billion in stock options to Larry Ellison and its co-CEOs, but steep market declines left all of the awards underwater by the end of the fiscal year. The technology company reported massive executive pay packages alongside a dramatic drop in its share price. While top executives saw the value of their equity awards plunge following a significant decline in the stock, newly appointed Chief Financial Officer Hilary Maxson experienced better outcomes by opting for restricted stock units.
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- β Oracle gave Larry Ellison and its co-CEOs nearly $1 billion in stock options.
- β Executive Chair and CTO Lawrence J. Ellison's 2026 total compensation was $131 million.
- β By the fiscal year end, all of the stock options given to Larry Ellison and his co-CEOs were underwater.
- β New CFO Hilary Maxson opted to take some of her pay in restricted stock units and fared much better.
What changed
Regulatory and financial reports confirmed that equity awards granted to Oracle leadership dropped below their strike prices following steep share price declines.
Live updates
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Oracle Executives Face Losses As Stock Options Fall Underwater
Oracle distributed nearly $1 billion in stock options to Larry Ellison and its co-CEOs, but steep market declines left all of the awards underwater by the end of the fiscal year. The technology company reported massive executive pay packages alongside a dramatic drop in its share price. While top executives saw the value of their equity awards plunge following a significant decline in the stock, newly appointed Chief Financial Officer Hilary Maxson experienced better outcomes by opting for restricted stock units.
Why it matters
Executive compensation structures at major technology firms frequently rely heavily on equity awards to align leadership incentives with shareholder returns. When share values drop precipitously, these large options packages can quickly lose their intended financial value, leaving executives holding underwater grants. Oracle maintains a prominent position in global cloud infrastructure and database software markets, making its compensation disclosures subject to intense scrutiny from investors.
What is confirmed
- Oracle gave Larry Ellison and its co-CEOs nearly $1 billion in stock options.
- Executive Chair and CTO Lawrence J. Ellison's 2026 total compensation was $131 million.
- By the fiscal year end, all of the stock options given to Larry Ellison and his co-CEOs were underwater.
- New CFO Hilary Maxson opted to take some of her pay in restricted stock units and fared much better.
What to watch next
- Any subsequent adjustments or repricing of underwater executive stock options by Oracle's board.
- Future quarterly earnings reports detailing further impacts on Oracle share prices.
confidence 100%Sources used for this update (11)
- Fortune β Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
- calcalistech.com β Oracleβs co-CEOs got $350 million in equity awards. A year later, the stock had lost half its value
- SuaraGarut.ID β Oracle Reports Massive Executive Pay as Share Price Drops 56 Percent
- NDTV Profit β Larry Ellison, Oracle's Co-CEOs Got Nearly $1 Billion In Stock Options: What Went Wrong?
- TradingView β Oracle Corp Says Executive Chair & CTO Lawrence J. Ellison's 2026 Total Compensation $131 Million
- en.wikipedia.org β Oracle Corporation - Wikipedia
- en.wikipedia.org β Oracle Database - Wikipedia
- finance.yahoo.com β Oracle Corporation (ORCL) Stock Price, News, Quote & History ...
- fortune.com β Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options that are now underwater
- vcptrading.com β Oracle gave Larry Ellison and his co-CEOs nearly $1 billion ...
- newsio.io β Oracle gave Larry Ellison and his co-CEOs nearly $1 billion ...
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