Oracle Chairman Larry Ellison has adopted a trading plan that could allow him to sell as much as $7.5 billion worth of the company's stock.

The planned sales would represent a significant transaction involving one of Oracle's largest individual shareholders. Ellison remains one of the most influential figures associated with the software and cloud computing company.

A trading plan allows an executive or major shareholder to establish a predetermined schedule for selling shares. Such arrangements are designed to provide a structured approach to stock transactions rather than relying on individual decisions at the time of each sale.

Ellison's planned stock sales come as Oracle continues to attract strong investor attention because of its growing artificial intelligence and cloud computing businesses. The company has been investing heavily in data centers and infrastructure to meet rising demand for AI related computing services.

The potential $7.5 billion sale does not necessarily mean that Ellison intends to leave Oracle or reduce his involvement with the company. The trading plan simply provides a framework under which shares can be sold over time.

Oracle has become an increasingly important player in the technology industry's AI expansion. Its cloud business has benefited from companies seeking additional computing capacity for artificial intelligence applications and services.

Investors will continue to monitor Ellison's planned transactions because of their size and their potential impact on Oracle's share supply. The actual amount of stock sold could be lower than the maximum permitted under the trading plan.