Levey Stuart has made headlines with a recent SEC filing detailing substantial stock transactions involving Oracle Corp. This development is noteworthy as it indicates a strong investment commitment from Stuart, who serves as the Executive Vice President and Chief Legal Officer at Oracle. Such transactions can have ripple effects in the market, potentially influencing investor sentiment and the competitive landscape.
Background
Levey Stuart is associated with Oracle Corp, a major player in the technology sector, specifically in prepackaged software. The company is listed under the SEC with the Central Index Key (CIK) 0001952913. Oracle Corp, with the CIK 0001341439, operates under the SIC classification of Services-Prepackaged Software [7372]. This filing is part of a series of recent disclosures, with the latest being filed on October 27, 2026.
What the Filing Says
The SEC filing reveals that on October 23, 2026, Levey Stuart acquired 12,497 shares of Oracle's common stock and disposed of 6,130 shares at a price of $125.54 each. Following these transactions, Stuart now owns a total of 41,020 shares directly. Additionally, a transaction involving restricted stock units was reported, with 479.117 units acquired, leading to a total of 160,843.802 shares owned after the transaction.
Impact
This filing may affect various stakeholders, including investors, employees, and competitors in the prepackaged software industry. The significant stock movement by a high-ranking officer like Stuart can signal confidence in Oracle's future, potentially influencing market perceptions and investment strategies.
What's Next
The filing does not say what happens next.
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