---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-231901"
form_type: "8-K/A"
ticker: "ORCL"
cik: "0001341439"
company_name: "ORACLE CORP"
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:33:23.201027+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Oracle sets $950k base salaries and $5M target bonuses for new co-CEOs Magouyrk, Sicilia

## Summary
- Compensation Committee on Sept 30 approved $950k annual base salary for each new co-CEO Magouyrk, Sicilia, and PFO Kehring, effective Sept 22.
- Magouyrk and Sicilia each receive $5M target cash bonus opportunity under Oracle Executive Bonus Plan for FY26.
- Kehring receives $950k target cash bonus under discretionary corporate bonus plan for FY26 and is eligible for equity awards.

## SEC filing metadata
- accession: 0001193125-25-231901
- form_type: 8-K/A
- ticker: ORCL
- cik: 0001341439
- company_name: ORACLE CORP
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341439/000119312525231901/0001193125-25-231901-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341439/000119312525231901/d82618d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-231901
- JSON: https://secwatch.observer/filing/0001193125-25-231901.json
- Plain text: https://secwatch.observer/filing/0001193125-25-231901.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.