ORCL - Witnessing An Insider Decision Edward Screven Exercises Options Valued At $23.20M At Oracle | Benzinga
On June 24, it was revealed in an SEC filing that Edward Screven, Chief Corporate Architect at Oracle (NYSE:ORCL) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Screven, Chief Corporate Architect at Oracle, a company in the Information Technology sector, just exercised stock options worth 235,918 shares of ORCL stock with an exercise price of $40.47.
During Tuesday's morning session, Oracle shares down by 0.76%, currently priced at $138.82. Considering the current price, Screven's 235,918 shares have a total value of $23,202,535.
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