Form 4: Exxon Mobil Executive's Stock Grant and Tax Withholding
Insider Transaction Report
An Exxon Mobil executive received a restricted stock unit grant and had shares withheld for tax obligations.
Summary
- Jon M. Gibbs, an Executive Officer of Exxon Mobil Corp. (XOM), reported transactions involving the company's common stock.
- On November 25, 2025, Gibbs acquired 102,800 shares of common stock through a grant of restricted stock units, with a transaction price of $0.
- On the same date, 4,639 shares were disposed of by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units, at a price of $115.95 per share.
- No shares were sold by the reporting person in these transactions.
- Following these reported transactions, Gibbs directly beneficially owns 402,786 shares and indirectly owns 60.63 shares through a savings plan.
Sentiment
Score: 5
Explanation: The Form 4 reports standard executive compensation in the form of restricted stock units and the subsequent withholding of shares for tax obligations, which is a routine and expected event.
Positives
- Executive Officer Jon M. Gibbs received a grant of 102,800 restricted stock units, aligning executive compensation with long-term company performance and shareholder interests.
Negatives
- 4,639 shares were withheld by the issuer to cover tax obligations, which is a standard administrative procedure upon the vesting of restricted stock units and not a sale by the reporting person.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
This is a routine insider transaction report (Form 4) detailing executive compensation and tax-related share withholding. It does not provide information relevant to broader industry trends or competitors.
Comparison to Industry Standards
- The grant of restricted stock units and subsequent tax withholding are standard practices for executive compensation in publicly traded companies across various industries, including the energy sector. This filing does not provide specific details for comparison to other companies' compensation structures or project results.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Jon M. Gibbs executed a Power of Attorney, effective March 1, 2025, authorizing specific individuals (J. Powell Fancher, Roy V. Richter, Angela M. Garriss, or Marsha E. Stewart Schreiner) to prepare and sign SEC reports on his behalf. This streamlines compliance for executive officers. | March 1, 2025 | Enhances efficiency in SEC reporting for the executive officer by delegating administrative tasks to designated attorneys-in-fact. |
Stakeholder Impact
- Shareholders: The grant of restricted stock units aligns executive interests with shareholder value. The tax withholding is a routine administrative event with minimal direct impact on shareholders.
- Employees, Customers, Suppliers, Creditors: No direct impact from this filing.
Key Dates
| Date | Description |
|---|---|
| February 20, 2025 | Date Jon M. Gibbs executed the Power of Attorney. |
| March 1, 2025 | Effective date of the Power of Attorney for Jon M. Gibbs. |
| November 25, 2025 | Date of reported stock acquisition (restricted stock unit grant) and disposition (tax withholding). |
| November 26, 2025 | Signature date for the Form 4 filing. |
Keywords
Exxon Mobil, XOM, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Stock Grant, Tax Withholding, Jon M. Gibbs
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