Form 8-K · Current Report · Filed 2026-02-05
Oracle Announces Issuance of 6.50% Series D Mandatory Convertible Preferred Stock
On February 2, 2026, Oracle Corporation announced the issuance of 100,000,000 depositary shares, each representing a 1/2,000th interest in a share of its 6.50% Series D Mandatory Convertible Preferred Stock.
- Filer
- Oracle Corporation ORCL · NYSE
- Filed
- Accession
- 0001193125-26-039344
- CIK
- 0001341439
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Details
The issuance was made under Oracle's shelf registration statement on Form S-3 and closed on February 5, 2026. The preferred stock offers an annual dividend rate of 6.50% and conversion rights into common stock under certain conditions. The issuance is intended to provide Oracle with additional capital while offering investors potential for conversion into common stock and a fixed dividend income.
Items reported
Reported Item
Market reaction
Close before filing
$146.67
Next session
-2.6%
Since filing
-11.5%
Latest close
$129.87
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ORCL reporting the same item, with the next session's move:
About Oracle Corporation
Oracle Corporation is a global leader in enterprise software, cloud services, and database technology. The company specializes in developing solutions that help organizations manage and optimize business processes and data storage. Known for its powerful Oracle Database, Oracle provides a comprehensive suite of software such as Oracle Cloud Infrastructure, Fusion ERP, HCM Cloud, and MySQL. These services cater to various industries, including financial services, healthcare, retail, and government sectors. Oracle's focus on cloud technology and integrated software solutions plays a crucial role in helping businesses transition to digital operations. Additionally, Oracle's robust portfolio supports mission-critical processes for Fortune 500 companies, making it a cornerstone in the tech industry. Founded in 1977 and headquartered in Austin, Texas, Oracle Corporation continues to drive innovation in database management and cloud computing, consolidating its market significance as a pivotal provider of IT solutions globally.
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