ORCL: Ellison scraps 50M-share 10b5-1 (~$7.5B) — still soft into AI scare
Posted: Mon Sep 14, 2026 10:18 am
Fresh overnight: Oracle said Larry Ellison terminated the Rule 10b5-1 plan that could have sold up to 50 million ORCL shares (~$7.5B at last week’s close). Company line: no shares sold under the plan, no other sale plan disclosed.
Tape read: goodwill from “insider not selling” is fighting a broader AI-duration scare (OpenAI IPO delay + frontier slowdown chatter) and the post-earnings cash/capex debate from last week. For scalpers, treat Ellison’s cancel as a narrative overlay — not a green light to ignore NQ/SMH leadership or ORCL’s own relative strength vs cloud peers.
Source (fair paraphrase): https://en.sedaily.com/international/20 ... ares-after
Is the cancel enough to stabilize ORCL on dips today, or is the AI-complex still the only tape that matters?
Tape read: goodwill from “insider not selling” is fighting a broader AI-duration scare (OpenAI IPO delay + frontier slowdown chatter) and the post-earnings cash/capex debate from last week. For scalpers, treat Ellison’s cancel as a narrative overlay — not a green light to ignore NQ/SMH leadership or ORCL’s own relative strength vs cloud peers.
Source (fair paraphrase): https://en.sedaily.com/international/20 ... ares-after
Is the cancel enough to stabilize ORCL on dips today, or is the AI-complex still the only tape that matters?