Oracle Corp Files 8-K on Shareholder Vote Matters

TL;DR

Oracle's asking shareholders to vote on stuff, details to come.

AI Summary

On November 14, 2024, Oracle Corporation filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing indicates that the company is seeking approval on certain proposals from its shareholders. Specific details regarding the proposals or the voting outcomes are not provided in this initial filing.

Why It Matters

This filing signals that Oracle is engaging its shareholders on important corporate decisions, which could impact future company direction and shareholder rights.

Risk Assessment

Risk Level: low — This is a routine corporate filing regarding shareholder votes, not indicating any immediate financial distress or significant operational change.

Key Players & Entities

• Oracle Corporation (company) — Registrant
• November 14, 2024 (date) — Date of earliest event reported
• 2300 Oracle Way, Austin, Texas 78741 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share ORCL New York Stock Excha

Filing Documents

• d38577d8k.htm (8-K) — 41KB
• 0001193125-24-260986.txt ( ) — 191KB
• orcl-20241114.xsd (EX-101.SCH) — 4KB
• orcl-20241114_def.xml (EX-101.DEF) — 13KB
• orcl-20241114_lab.xml (EX-101.LAB) — 21KB
• orcl-20241114_pre.xml (EX-101.PRE) — 14KB
• d38577d8k_htm.xml (XML) — 5KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 14, 2024 Oracle Corporation (Exact name of registrant as specified in its charter) Delaware 001-35992 54-2185193 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 2300 Oracle Way , Austin , Texas 78741 (Address of principal executive offices) (Zip Code) (737) 867-1000 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share ORCL New York Stock Exchange 3.125% senior notes due July 2025 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Section 5—Corporate Governance and Management Item5.07 Submission of Matters to a Vote of Security Holders On November 14, 2024, Oracle Corporation ("Oracle") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). Below is a brief description of each matter submitted to a vote at the Annual Meeting, as well as the final voting results with respect to each matter. For more information about these proposals, please refer to Oracle's definitive proxy statement filed with the U.S. Securities and Exchange Commission on September 25, 2024. Proposal No. 1: Election of Directors The stockholders elected each of the following persons as a director to hold office until the 2025 Annual Meeting of Stockholders and until his or her successor is elected and qualified, or until his or her earlier resignation or removal. Director Nominee Votes For Votes Withheld Broker Non-Votes Awo Ablo 2,300,385,739 21,926,604 250,464,124 Jeffrey S. Berg 1,859,138,624 463,173,719 250,464,124 Michael J. Boskin 2,140,398,571 181,913,772 250,464,124 Safra A. Catz 2,241,298,667 81,013,676 250,464,124 Bruce R. Chizen 1,856,043,824 466,268,519 250,464,124 George H. Conrades 2,080,008,225 242,304,118 250,464,124 Lawrence J. Ellison 2,275,340,897 46,971,446 250,464,124 Rona A. Fairhead 2,278,263,025 44,049,318 250,464,124 Jeffrey O. Henley 2,254,569,493 67,742,850 250,464,124 Charles W. Moorman 2,187,168,934 135,143,409 250,464,124 Leon E. Panetta 1,854,738,819 467,573,524 250,464,124 William G. Parrett 1,940,282,368 382,029,975 250,464,124 Naomi O. Seligman 2,112,996,591 209,315,752 250,464,124 Proposal No. 2: Advisory Vote to Approve the Compensation of Oracle's Named Executive Officers The stockholders cast an advisory vote approving the compensation of Oracle's named executive officers as follows: 1,806,791,973 shares in favor, 508,390,449 shares against, 7,129,921 shares abstaining and 250,464,124 broker non-votes. Proposal No. 3: Ratification of Selection of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst & Young LLP as Oracle's independent registered public accounting firm for the fiscal year ending May 31, 2025, with 2,512,534,467 shares in favor, 56,267,628 shares against and 3,974,372 shares abstaining. Proposal No. 4: Stockholder Proposal Regarding a Report on Climate Risks to Retirement Plan Beneficiaries The stockholders did not approve a stockholder proposal requesting that Oracle prepare a report on climate risks to retirement plan beneficiaries, with 119,105,093 shares in favor, 2,140,684,293 shares against, 62,522,957 shares abstaining and 250,464,124 broker non-votes. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its beh

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View this 8-K filing on SEC EDGAR