Oracle grants top executives led by co-founder Larry Ellison and its co-CEOs nearly $1 billion in stock options, according to reporting from NDTV and Fortune. The outlets say that by the end of Oracle’s fiscal year 2026, the options are underwater, meaning the strike prices are above the market value of the underlying Oracle shares at that time.

Both outlets frame the awards as part of Oracle’s executive compensation arrangements, but they focus on different details. NDTV emphasizes the scale of the option grants and highlights the outcome that the awards are underwater by fiscal year end. Fortune adds context on how a newly reported CFO, Hilary Maxson, handles compensation differently, noting that she chooses to take part of her pay in restricted stock units rather than stock options, and that this approach appears to have performed better over the same period.

Overall, the sources agree on the size of the option grants and the later “underwater” status by fiscal year end, while diverging on which executive and compensation structure they spotlight.