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Oracle (NYSE: ORCL) vice chair shifts 745,000 shares to new GRAT

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Oracle Corp vice chairman Jeffrey Henley reported an internal restructuring of his indirect Oracle common stock holdings. On April 16, 2026, 745,000 shares were transferred from the Jeffrey & Judy Henley 1989 Trust to a newly created grantor retained annuity trust, both entities associated with him as trustee, with no cash consideration. Following the transactions, indirect holdings reported include 455,910 shares by the 1989 Trust, 745,000 shares by the new GRAT, and 490,333 shares by the Henley Community Property Trust, reflecting estate-planning movements rather than open‑market trading.

Positive

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Insider HENLEY JEFFREY
Role Vice Chairman
Type Security Shares Price Value
Other Common Stock 745,000 $0.00 --
Other Common Stock 745,000 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 455,910 shares (Indirect, By Trust)
Footnotes (1)
  1. [object Object]
Restructured shares 745,000 shares Transferred on April 16, 2026 from 1989 Trust to new GRAT
Shares held by 1989 Trust 455,910 shares Indirect Oracle common stock after restructuring
Shares held by new GRAT 745,000 shares Indirect Oracle common stock after receiving transfer
Shares held by Community Property Trust 490,333 shares Indirect Oracle common stock holding reported
Total restructuring shares 1,490,000 shares Shares involved in J-code restructuring transactions
grantor retained annuity trust financial
"to a newly created grantor retained annuity trust of which the reporting person is the trustee"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
transaction code J financial
"transaction_code": "J","transaction_type": "non-derivative""
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By Trust""
Henley Community Property Trust financial
""nature_of_ownership": "By Henley Community Property Trust""
other acquisition or disposition financial
""transaction_code_description": "Other acquisition or disposition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HENLEY JEFFREY

(Last)(First)(Middle)
C/O DELPHI ASSET MGMT CORPORATION
200 S. VIRGINIA ST., SUITE 625

(Street)
RENO NEVADA 89501

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ORACLE CORP [ ORCL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Vice Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/16/202604/16/2026J(1)745,000D$0455,910IBy Trust
Common Stock04/16/202604/16/2026J(1)745,000A$0745,000IBy GRAT
Common Stock490,333IBy Henley Community Property Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On April 16, 2026, the reporting person transferred 745,000 shares of common stock from the Jeffrey & Judy Henley 1989 Trust to a newly created grantor retained annuity trust of which the reporting person is the trustee.
/s/ Aimee Weast By Aimee Weast, Attorney in Fact for Jeffrey Henley (POA Filed 03/20/19)04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Oracle (ORCL) vice chairman Jeffrey Henley report in this Form 4?

Jeffrey Henley reported an internal restructuring of indirect Oracle common stock holdings. A trust transferred 745,000 shares to a newly created grantor retained annuity trust, reflecting estate-planning movements rather than any open-market purchase or sale of ORCL shares.

Were there any open-market buys or sells of Oracle (ORCL) stock in this filing?

No open-market buys or sells were reported. The Form 4 records an internal transfer of 745,000 Oracle shares between Henley-related trusts, coded as an “other” transaction, indicating restructuring rather than a traditional market purchase or sale of ORCL stock.

What indirect Oracle (ORCL) holdings does Jeffrey Henley report after the transactions?

After the transactions, indirect holdings reported include 455,910 Oracle shares held by the Jeffrey & Judy Henley 1989 Trust, 745,000 shares held by the new grantor retained annuity trust, and 490,333 shares held by the Henley Community Property Trust, all listed as indirect ownership positions.

What is the role of the new grantor retained annuity trust in Henley’s Oracle (ORCL) holdings?

The new grantor retained annuity trust now holds 745,000 Oracle shares previously in the Jeffrey & Judy Henley 1989 Trust. Henley is trustee of this GRAT, and the transfer reflects estate or wealth-planning structuring, not a change in total indirect economic exposure reported.