ORCL ▼ -1.8% - Oracle Corporation $ORCL disclosed that Ellison had pledged 413 million shares as collateral for personal debt as of September 21, 2026. • Cancelled sale: On September 12, Oracle announced Ellison had cancelled a trading plan permitting sales of up to 50 million shares; none were sold under it. • Loan purpose: The proxy says the pledged shares secure personal term loans used for ventures outside Oracle. • Share restrictions: Oracle says the shares are neither held in margin accounts nor used to hedge his Oracle exposure. • Board assessment: Oracle’s Governance Committee concluded the arrangements pose no material risk to Oracle or its stockholders. 25-SEP-2026 05:55 PM ET