Oracle (NYSE: ORCL) vice chair shifts 745,000 shares to new GRAT
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
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)
- [object Object]
Key Figures
Restructured shares: 745,000 shares
Shares held by 1989 Trust: 455,910 shares
Shares held by new GRAT: 745,000 shares
+2 more
5 metrics
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
Key Terms
grantor retained annuity trust, transaction code J, indirect ownership, Henley Community Property Trust, +1 more
5 terms
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""
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.