Form 4: Exxon Mobil Senior Vice President Jack P. Williams Jr. Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Senior Vice President of Exxon Mobil, Jack P. Williams Jr., reports changes in beneficial ownership of company stock through gifts.

Summary

  • Jack P. Williams Jr., a Senior Vice President at Exxon Mobil, filed a Form 4 to report changes in his beneficial ownership of Exxon Mobil stock.
  • The report indicates that on February 4, 2025, Williams gifted 5,000 shares of common stock on two separate occasions, resulting in a decrease of 10,000 shares in his direct holdings.
  • The gifts were made with no consideration received.
  • Following the reported transactions, Williams directly owns 935,685 shares of Exxon Mobil common stock.
  • He also indirectly owns 11,978.7531 shares through a savings plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a change in beneficial ownership due to gifting. It doesn't inherently convey positive or negative sentiment regarding the company's performance or future prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a personal transaction by an executive and doesn't necessarily reflect a change in the company's outlook.

Stakeholder Impact

  • The change in ownership is unlikely to have a significant impact on stakeholders.

Key Dates

DateDescription
02/04/2025Date of stock gifts.
02/05/2025Date of signature by Power of Attorney.

Keywords

Form 4, Beneficial Ownership, Exxon Mobil, XOM, Stock, Williams, Gifting

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