Larry Ellison cancels 10b5-1 plan to sell Oracle stock

Oracle Corporation said Larry Ellison, its executive chair of the board and chief technology officer, has cancelled his 10b5-1 plan to sell Oracle stock. In a September 12, 2026 Austin press release furnished with a Form 8-K, the company said no Oracle stock was sold under that plan and that Ellison has no other plans to sell any of his Oracle stock.

Ellison cancels the sale plan

Oracle said Larry Ellison has cancelled his 10b5-1 plan to sell Oracle stock. Ellison is the company's executive chair of the board and chief technology officer. The announcement, dated September 12, 2026 from Austin, Texas, is a company statement about a planned sale that will not proceed under that plan — not a purchase of shares.

Oracle also said no Oracle stock was sold under the plan before it was terminated. The filing does not disclose how many shares the cancelled plan would have covered.

What a cancelled 10b5-1 plan means here

A Rule 10b5-1 plan is a pre-arranged trading plan that can allow corporate insiders to schedule sales under preset terms. Cancelling the plan means sales contemplated under that plan will not execute through it. Oracle's release states the cancellation and that Ellison has no other plans to sell any of his Oracle stock.

Those statements are the company's. The disclosure does not explain why the plan was cancelled, and it does not assign a market view or a "vote of confidence" reading.

September 12 announcement, September 14 filing

Oracle reported the news under Item 8.01 (Other Events) of a Form 8-K that identifies September 12, 2026 as the earliest event date and is dated September 14, 2026. Item 9.01 lists Exhibit 99.1 — the press release titled "Larry Ellison Cancels His Plan to Sell Oracle Stock" — which is incorporated by reference. Accession number 0001193125-26-389753.

The event date remains September 12; the Form 8-K is dated September 14. The 8-K cover also lists Oracle common stock (ORCL) and depositary shares for Series D mandatory convertible preferred (ORCL-PRD); this story centers on Ellison's cancelled common-stock sale plan, not preferred mechanics.