Larry Ellison pledges 67 million more Oracle shares against personal loans
An Oracle proxy filing shows the founder's pledged collateral rose by about $9.2 billion from a year earlier.
Assembled by Claude from 8 sources at 8 outlets · Monday, September 28, 2026, Evening edition, 5:25 PM EDT · no human byline
What the filing shows
Oracle's latest proxy filing shows that chief technology officer Larry Ellison has pledged 67 million more shares as collateral for personal loans than he had a year earlier, Yahoo Finance reported finance.yahoo.com. Stocks Down Under put the value of that additional pledge at about $9.2 billion stocksdownunder.com. Business Standard reported the same figure business-standard.com. Seeking Alpha carried the disclosure as Ellison pledging 67 million more Oracle shares as loan collateral seekingalpha.com.
TradingKey said the pledged collateral rose 19% to 67 million shares and filed the disclosure under insider collateral leverage and governance concerns tradingkey.com. Pluang put the increase at 19% to $9.2 billion and said it was partly to support the Paramount Skydance acquisition pluang.com. Forbes reported that the same filing shows Ellison has pledged $56.6 billion in Oracle shares as loan collateral in total forbes.com.
The rest of the proxy
The filing also disclosed pay. Forbes reported that an Oracle co-chief executive was paid 6,623 times the company's median worker forbes.com.
Seeking Alpha noted that Oracle officers and directors are generally prohibited from pledging shares seekingalpha.com. Separately, Foreign Policy Journal reported that Ellison cancelled a plan to sell up to 50 million Oracle shares, a sale it put at $7.5 billion, and said the decision leaves the investment case unchanged foreignpolicyjournal.com.
Yahoo Finance and Stocks Down Under both framed the disclosure as the founder putting more stock behind his borrowings rather than selling it, which keeps the shares in his name while creating an obligation against them finance.yahoo.comstocksdownunder.com.
Why it matters to investors
Pledged stock is a second claim on shares that are already counted in the float. The proxy puts a number on how much of the largest holder's position is encumbered: $56.6 billion in total forbes.com, of which about $9.2 billion was added in the past year business-standard.comstocksdownunder.com.
TradingKey raised the governance question directly, listing the pledge alongside a 3.61% fall in Oracle stock on the day tradingkey.com. Pluang's account ties part of the borrowing to a specific transaction rather than to general liquidity pluang.com.
What to watch: whether later filings show the pledged total rising further from $56.6 billion forbes.com, whether the scrapped sale of up to 50 million shares is revived foreignpolicyjournal.com, and how the board handles a practice its own policy generally prohibits seekingalpha.comtradingkey.com.
Business Standard noted only that the additional stock is worth about $9.2 billion, without giving the loan terms behind it business-standard.com. None of the reporting sets out the lenders, the maturities, or the price at which collateral would have to be topped up finance.yahoo.comseekingalpha.com.
Sources
- business-standard.com: Larry Ellison pledges $9.2 billion more in Oracle shares for loans - Business Standard (2026-09-28)
- forbes.com: Oracle Filing Reveals Co-CEO Made 6623 Times The Company's Median Worker - Forbes (2026-09-28)
- tradingkey.com: Oracle Corp Stock (ORCL) Moved Down by 3.61% on Sep 28: A Full Analysis - TradingKey (2026-09-28)
- finance.yahoo.com: Larry Ellison Just Put $9.2 Billion of Oracle Stock Behind His Loans - Yahoo Finance (2026-09-28)
- seekingalpha.com: Ellison pledges 67M more Oracle shares as loan collateral (ORCL:NYSE) | Seeking Alpha (2026-09-28)
- pluang.com: SK Hynix's U.S. unit Solidigm may IPO at $100B, raising ownership concerns - Pluang (2026-09-28)
- foreignpolicyjournal.com: Larry Ellison Scraps $7.5 Billion Oracle (NYSE: ORCL) Share Sale Plan, Leaving Investment ... (2026-09-28)
- stocksdownunder.com: Why Did Larry Ellison Pledge $9.2B More Oracle Stock? - Stocks Down Under (2026-09-28)