Larry Ellison Adopts Trading Plan to Sell Up to $7.5 Billion in Oracle Stock

Ellison's Stock Sale Plan

Oracle founder Larry Ellison has adopted a trading plan to sell up to 50 million shares of his Oracle stock. This amount represents approximately $7.5 billion at current market prices. The plan was adopted on June 22 and is scheduled to conclude on October 24, according to a recent regulatory filing.

Unusual Move for the Founder

This stock sale is an uncommon action for Ellison, who has maintained a significant ownership stake in Oracle since its founding in 1977. FactSet data indicates Ellison controls over 40% of the company. Even if he sells all shares under this plan, he would still retain 1.1 billion shares. Historically, Ellison has not sold more than 25,000 Oracle shares at any single time since the year 2000.

Context of Oracle's Performance

Ellison, 82, has overseen Oracle's transition into a major artificial intelligence infrastructure provider. Oracle recently reported earnings that surpassed estimates, driven by a 121% year-over-year increase in cloud infrastructure revenue. However, this growth has involved Oracle incurring substantial debt, which has contributed to investor concerns and a roughly 20% decline in the stock price this year.

Personal Financial Activities

Ellison, ranked as the world's seventh-richest person, also contributed to financing the 2025 merger between his son David Ellison's production company, Skydance, and Paramount.