ORCL - Edward Screven At Oracle Executes Options Exercise Realizing $3.80M | Benzinga
A large exercise of company stock options by Edward Screven, Chief Corporate Architect at Oracle (NYSE:ORCL) was disclosed in a new SEC filing on June 27, as part of an insider exercise.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Screven, Chief Corporate Architect at Oracle, a company in the Information Technology sector, just exercised stock options worth 37,221 shares of ORCL stock with an exercise price of $40.47.
As of Friday morning, Oracle shares are up by 1.75%, with a current price of $142.63. This implies that Screven's 37,221 shares have a value of $3,802,378.
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