Oracle founder Larry Ellison has pledged 67 million more shares of the software company as collateral for personal loans than he had a year earlier, according to the company's latest proxy filing. The increase amounts to about 19% from 2025, and at Oracle's Friday closing price of $137.10, the pledged shares were worth roughly $9.2 billion, representing about 36% of his total Oracle holdings. The arrangement stands out because Oracle generally prohibits its officers and directors from pledging company shares as collateral for personal loans, with Ellison, the executive chairman and chief technology officer, the sole exception. The disclosure comes as the Ellison family is helping finance Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, having committed $47 billion in equity funding for the transaction, although about $24 billion of that commitment is coming from three Middle Eastern sovereign wealth funds. The proxy also revealed that co-CEO Clayton Magouyrk received stock-option awards valued at $621.7 million and co-CEO Michael Sicilia received awards valued at $248.7 million, while Ellison, who received no equity awards during the previous two fiscal years, received $117.8 million in option awards.
Paramount Skydance Corporation Class B Common StockEllison family committed $47B equity to Paramount Skydance's $111B Warner Bros. Discovery acquisition, but the article gives no clear read-through for Paramount's own shares.
Warner Bros Discovery IncNamed only as the target of Paramount Skydance's $111B acquisition being financed partly by the Ellison family; no standalone impact on WBD shares is stated.
Oracle CorporationEllison pledged 67 million more Oracle shares (~$9.2B) as personal-loan collateral, raising governance/overhang concerns despite Oracle's ban on such pledging for other officers.
