In a recent SEC filing, Oracle Corp (Ticker: ORCL, CIK: 0001341439) submitted a Form 144 indicating the intention to sell restricted or control securities. A Form 144 is required when company insiders, affiliates, or shareholders plan to sell their securities in the open market. This filing provides transparency to investors about potential selling activities within the company.
Oracle Corp, a global technology company headquartered in Redwood City, California, specializes in developing and marketing database software and technology, cloud-engineered systems, and enterprise software products. With a strong presence in the software industry, Oracle has been a key player in providing innovative solutions to businesses worldwide. For more information about Oracle Corp, please visit their official website: Oracle Corp Website.
Form 144 filed by Oracle Corp signifies a potential upcoming sale of restricted securities by insiders or affiliates of the company. While the filing itself does not indicate the exact timing or amount of securities to be sold, it serves as a notice to investors to be aware of possible market activity related to Oracle Corp’s stock. Investors may monitor further developments regarding this Form 144 filing to gauge its impact on the company’s stock performance in the near future.
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Oracle Corp Submits Form 144 Filing to SEC
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