Larry Ellison's 7.5 billion dollar Oracle sale plan was public for a day. It could not have sold a share for nine more
2026-09-15Startups
Oracle's quarterly report on 11 September disclosed a plan, adopted in June, letting Larry Ellison sell up to 50 million shares. On 12 September Oracle said it had been cancelled with nothing sold. Under the SEC's cooling-off rule it could not have executed a trade before 21 September, while ending a plan requires no waiting period at all.