ORACLE CORP false 0001341439 0001341439 2024-11-14 2024-11-14 0001341439 us-gaap:CommonStockMember 2024-11-14 2024-11-14 0001341439 us-gaap:SeniorNotesMember 2024-11-14 2024-11-14

 

 

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

Item 5.07 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 behalf by the undersigned hereunto duly authorized.

 

    ORACLE CORPORATION
Dated: November 18, 2024     By:  

/s/ Kimberly Woolley

      Name: Kimberly Woolley
      Title: Vice President, Assistant General Counsel and
Assistant Secretary
v3.24.3
Document and Entity Information
Nov. 14, 2024
Document And Entity Information [Line Items]  
Entity Registrant Name ORACLE CORP
Amendment Flag false
Entity Central Index Key 0001341439
Document Type 8-K
Document Period End Date Nov. 14, 2024
Entity Incorporation State Country Code DE
Entity File Number 001-35992
Entity Tax Identification Number 54-2185193
Entity Address, Address Line One 2300 Oracle Way
Entity Address, City or Town Austin
Entity Address, State or Province TX
Entity Address, Postal Zip Code 78741
City Area Code (737)
Local Phone Number 867-1000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Common Stock, par value $0.01 per share
Trading Symbol ORCL
Security Exchange Name NYSE
Senior Notes [Member]  
Document And Entity Information [Line Items]  
Security 12b Title 3.125% senior notes due July 2025
Security Exchange Name NYSE
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