Oracle Gave Larry Ellison and His Co-CEOs Nearly $1 Billion in Stock Options. By Year End, Every Single One Was Underwater
$988 million in stock options Oracle awarded to co-founder Larry Ellison and new co-CEOs Clay Magouyrk and Mike Sicilia in fiscal 2026 wound up out of the money by the May 31 year end. In its Sept. 25 proxy filing, the company said the grants “had no intrinsic value” at fiscal year end. Oracle’s latest […]
Key Takeaways
- $988 million in stock options Oracle awarded to co-founder Larry Ellison and new co-CEOs Clay Magouyrk and Mike Sicilia in fiscal 2026 wound up out of the money by the May 31 year end.
- 25 proxy filing, the company said the grants “had no intrinsic value” at fiscal year end.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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