Form 4: Exxon Mobil SVP Mikells Receives 105,400 Restricted Stock Units
Insider Transaction Report
Exxon Mobil Senior Vice President Kathryn A. Mikells was granted 105,400 restricted stock units, increasing her total beneficial ownership.
Summary
- Kathryn A. Mikells, Senior Vice President of Exxon Mobil Corporation, acquired 105,400 shares of common stock.
- This acquisition was a grant of restricted stock units, with a transaction price of $0 per share.
- Following this transaction, Mikells directly owns 645,200 shares of common stock.
- She also indirectly owns 3,500 shares through EKSM Partners, LLC, 4,850 shares through a Family Trust, and 1,700 shares through an IRA.
- The total beneficial ownership after the transaction is 655,250 shares.
Sentiment
Score: 7
Explanation: The grant of restricted stock units is a positive event for the executive, representing compensation and aligning interests with shareholders. It's a routine compensation disclosure.
Positives
- The grant of 105,400 restricted stock units to a Senior Vice President aligns management's interests with shareholders.
- The grant represents a significant component of executive compensation, potentially enhancing retention and motivation.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This insider transaction filing is specific to an individual executive's compensation and does not provide broader insights into industry trends or competitive landscape.
Comparison to Industry Standards
- This filing is a standard disclosure of executive compensation via restricted stock units, a common practice across industries to align executive incentives with shareholder value. No specific comparable companies or projects are detailed within this filing.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Kathryn Ann Mikells granted a Power of Attorney to J. Powell Fancher, Roy V. Richter, Angela M. Garriss, and Marsha E. Stewart Schreiner, effective March 1, 2025, to prepare and sign SEC reports on her behalf. | 03/01/2025 | Streamlines the process for filing required SEC reports for the executive, ensuring timely compliance with reporting obligations. |
Related Party Transactions
- Indirect ownership of 3,500 shares through EKSM Partners, LLC, which is described as an 'LLC for reporting person's family.'
- Indirect ownership of 4,850 shares through a Family Trust, described as a 'Trust for benefit of reporting person's children, for which reporting person's spouse serves as trustee.'
Stakeholder Impact
- Shareholders: The grant of restricted stock units aligns the executive's long-term interests with shareholder value creation.
- Management: The executive receives additional compensation, potentially enhancing retention and motivation.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date Kathryn Ann Mikells executed the Power of Attorney. |
| 03/01/2025 | Effective date of the Power of Attorney granted by Kathryn Ann Mikells. |
| 11/25/2025 | Date of transaction for the acquisition of restricted stock units. |
| 11/26/2025 | Date the Form 4 was signed by Power of Attorney. |
Keywords
Exxon Mobil, XOM, Kathryn A. Mikells, Senior Vice President, Restricted Stock Units, RSU, Insider Transaction, SEC Form 4, Stock Grant, Executive Compensation
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