Oracle Corporation (SEC Filing 0001341439) Submits Important Filing to Securities and Exchange Commission
In a recent SEC Filing, Oracle Corp (0001341439) submitted a Form 144 indicating the intention to sell restricted stock. This form is typically filed by company insiders or affiliates looking to sell shares in the open market. The submission of a Form 144 does not necessarily mean that the sales will occur immediately, but it serves as a notice of intent to sell within a specific timeframe.
Oracle Corp is a multinational computer technology corporation known for its database software and technology solutions. With a wide range of products and services, Oracle serves clients across various industries, including cloud computing, database management, and enterprise software. For more information about Oracle Corp, visit their official website at Oracle Corp.
Form 144 is a notice of proposed sale of securities filed with the Securities and Exchange Commission. It is required when an affiliate of a company plans to sell restricted, unregistered securities. The form includes details such as the name of the seller, the number of shares to be sold, and the nature of the affiliation with the company. Investors often monitor Form 144 filings to gauge insider sentiment and potential market impact.
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Oracle Corp Files Form 144 with the SEC