Larry Ellison Plans $7.5 Billion Oracle Stock Sale by October 2026

3 articles · Updated · Financial Times · Sep 11

50 million Oracle shares—worth about $7.5 billion at Friday’s $150 close—are set to be sold by Larry Ellison under a trading plan running through October 2026.
The plan was established in late June and disclosed in Oracle’s latest quarterly filing, shortly after the company reported stronger data-center revenue but saw its stock dip as investors focused on margin pressure from its AI spending.
Ellison, 82, remains Oracle’s largest individual shareholder with a 40% stake; as of September 2025, he had also pledged 346 million shares as collateral for personal loans.
The sale comes as Oracle pushes deeper into AI infrastructure, including a $300 billion capacity agreement with OpenAI, while funding that build-out with new debt, share issuance and broad cost cuts.
Oracle on Friday also said it would set aside another $700 million for severance in the coming year after booking $2.1 billion last fiscal year tied to tens of thousands of layoffs.