Oracle says Larry Ellison cancelled share-sale plan before any sales

Oracle said on September 12, 2026, that Larry Ellison, its executive chairman and chief technology officer, had cancelled a plan to sell shares in the company.

The company said no shares had been sold through the cancelled arrangement and that Ellison had no other plans to sell Oracle stock. Those statements describe his position as of the announcement date.

Oracle identified the arrangement as a 10b5-1 trading plan. Its announcement did not give a reason for the cancellation or specify the number of shares covered by the plan.

The development concerns Ellison’s personal shareholding. Oracle’s statement did not announce a change to his executive responsibilities or a transaction involving newly issued company shares.

The company’s investor announcement provides direct confirmation of the cancellation reported by TechCrunch on September 13.