The CEO's open-market sale is small relative to market cap and not part of a broader cluster of cash-out selling. Monitor for any subsequent Form 4 filings by the CEO or other C-suite officers in the next 30 days — a pattern of sustained selling would be more informative. For now, this is a routine event with no material read-through.
Price Chart
Executive Summary
Oracle CEO Michael Sicilia sold $3.42M in open-market shares on Sep 22, 2026, and EVP Maria Smith sold $399K on the same day. These are the only open-market sales in the cluster; all other insider transactions are non-cash derivative exercises or tax-withholding events. The $3.82M total open-market sales represent ~0.003% of Oracle's market cap, making this a trivial cluster in absolute terms.
Key Financial Metrics
Key Facts
- CEO Michael Sicilia sold 22,562 shares at $151.59 for $3.42M on Sep 22, 2026
- EVP Maria Smith sold 2,600 shares at $151.70 for $399K on Sep 22, 2026
- Total open-market sales: $3.82M, representing ~0.003% of Oracle's market cap
- All other insider transactions (Sep 19-21) were non-cash derivative exercises or tax-withholding events — no economic signal
- No 10b5-1 plan indication on the CEO's sale; the sale is a single-day event, not a recurring pattern
Financial Impact
Open-market sales of $3.82M are negligible relative to Oracle's ~$420B market cap
Risk Factors
- CEO selling could be perceived negatively by retail investors despite trivial size
- No 10b5-1 plan disclosed — sale timing is discretionary
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ORCL-1790205781577 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Institutional Cluster | $126.16 | awaiting T+5 | — | $130.53 (+3.46%) |
Oct 1, 2026 26d ago | Insider Cluster | $142.30 $141.40 | ▼ −0.63% | ▼ −1.79% | $130.53 (−8.27%) |
Sep 25, 2026 4w ago | DEFA14A | $132.60 $142.48 | ▲ +7.45% | ▲ +6.25% | $130.53 (−1.56%) |
Sep 25, 2026 4w ago | DEF 14A | $132.60 $142.48 | ▲ +7.45% | ▲ +6.25% | $130.53 (−1.56%) |
Sep 23, 2026 4w ago | Insider Cluster | $139.54 $138.07 | ▼ −1.05% | ▼ −0.64% | $130.53 (−6.46%) |
Sep 14, 2026 6w ago | 8-K | $144.79 $148.56 | ▲ +2.60% | ▲ +2.50% | $130.53 (−9.85%) |
Aug 25, 2026 9w ago | GOVT-CONTRACT | $148.87 $145.75 | ▼ −2.10% | ▼ −1.98% | $130.53 (−12.32%) |
Aug 11, 2026 11w ago | GOVT-CONTRACT | $153.28 $143.81 | ▼ −6.18% | ▼ −5.73% | $130.53 (−14.84%) |
Jul 20, 2026 14w ago | ANALYST-UPGRADE | $121.38 $114.99 | ▲ +5.26% | ▲ +4.84% | $130.53 (−7.54%) |
Jun 24, 2026 17w ago | 144 | $152.46 $142.50 | ▼ −6.53% | ▼ −8.09% | $130.53 (−14.38%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers