Larry Ellison canceled a Rule 10b5-1 arrangement that would have allowed him to sell up to 50 million Oracle shares worth about $7.5 billion, and Oracle said no stock was sold under the plan. The company also said its co-founder and executive chairman has no current plans to sell Oracle shares. The arrangement, adopted June 22 and scheduled to remain in effect until Oct. 24, was abandoned without explanation. Ellison remains Oracle's largest shareholder, with a stake estimated at more than 38% by LSEG and above 40% in other reports. The reversal came as Oracle shares have fallen 22% this year amid investor concern over debt-funded artificial intelligence infrastructure spending and pressure on free cash flow. Oracle has been expanding data-center capacity and recently became a major owner and security partner for TikTok's U.S. operations. Ellison has also backed his son David Ellison's Warner Bros. acquisition, which is being contested in court.