Corp Oracle ORCL,
CEO Safra Catz filled more than $ 76 million through several stock exchanges, as it acquired 2.25 million shares through the conversion of derivatives and sold them on the open market at much higher prices. The enterprise software company filed in the Form 4 filing with the Securities and Exchange Commission late Monday that Catz acquired 1.10 million shares at $ 32.43 on March 19 and 1.15 million shares at $ 32.43 on March 22. The filing showed that it also sold 1.10 million shares at its average price weighted at $ 66.4813 on March 19 and 1.15 million shares at $ 66.3143 on March 22, bringing in Catz $ 76.42 million. The filing showed that the sale of shares was in accordance with Rule 10b5-1 trading plan adopted in December 2020. Oracle stock, which was marked down about 0.1% in pre-sale trading, has gained 2.5% year to date through Monday, while the S&P 500 SPX,
dealt with 4.9%.