This news was actually a misunderstanding. Many financial media outlets and KOLs interpreted it as a panic factor for Friday's sell-off, but the hype around this news only started after market hours. In reality, it’s just a window period for Ellison to sell shares, which began back in June. He’s been able to sell since 10 days after the last earnings report, but Ellison never sold. Now, with the new earnings report out, the window freezes for 10 days, and people interpreted it as him planning to sell shares on September 21. After the media hype, he personally stepped in to put an early end to this drama. @chinoalemano