CEO of Oracle Corp (ORCL) Safra Catz sold 5,000,000 shares of ORCL on 01/17/2018 at an average price of $50.05 a share. The total sale was $250.3 million.
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(Safra owns 7,000,000 share--)..
https://finance.yahoo.com/news/oracle-corp-orcl-ceo-safra-021502908.html
She escaping with cash in suitcases to Rumania before she gets arrested for securities fraud
Obscenely overcompensated for doing nothing useful. Plain disgusting
She probably needs to buy an island.
Ridiculously over compensated CEO. For what results? Oracle revenue has been flat for a looong time.
@adx - your point ? It escapes me
How many vested options does she still have?
Maybe SC will make a big donation to the less fortunate (e.g. those in poverty) in 2018. Or am I smoking legalized recreational weed? jk
Give me a break, she is selling because she is getting another large stock grant, so you seel some periodically. All of you would do the same.
Ms Catz is trading stock she earned from her positions as a C level executive at Oracle(tm).
New Tax law + Stock market is probably topping...
Safra just indicated the oracle peak is here. SELL!
@Rie548D-mdn She is not going to jail. You think Trump and the DoJ would go after her? The SWAMP is full with lots of corruption. They will go after people who smoke weed way before they go after SC. White Collar Crime will not be punished under this administration. You can forget about it.
The perfect gift to the SEC: she sets up the cloud washing machine, misrepresent the financial condition of oracle’s cloud offerings and sells the stock at a historically high price. Disgorgement if illgotten gains and jail.
If that isn’t a sell sign for all other shareholders I don’t know what is. Only a total idiot would continue to own oracle share after this. SELL!
Call her what you will but one thing she is not is stupid. Why not sell at the peak?
She’s probably going over to Disney with the rest of her tribe.
a CEO of publicly held company-- sold 80% of her shares... why? maybe MH is taking over..
Oh wow...she sold her stock. Now that’s real news!
she sold it today.! ..old news?..she knows something you don't..
Who really cares???
Old news