Form 4: Exxon Mobil Vice President Karen T. McKee Reports Beneficial Ownership Changes

Karen T. McKee, Vice President of Exxon Mobil, files a Form 4 disclosing changes in beneficial ownership of the company's securities, along with a power of attorney document.

Summary

• Karen T. McKee, a Vice President at Exxon Mobil Corp, filed a Form 4 with the SEC on May 1, 2025.
• The filing pertains to changes in her beneficial ownership of Exxon Mobil securities.
• The filing indicates that a power of attorney has been granted to J. Powell Fancher, Roy V. Richter, Angela M. Garriss, and Marsha E. Stewart Schreiner, allowing them to act on McKee's behalf in matters related to securities reporting.
• This power of attorney is effective from March 1, 2025, and revokes any earlier powers of attorney related to ExxonMobil securities reporting.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership of Exxon Mobil's securities by its officers.

Key Dates

Keywords

Form 4, Beneficial Ownership, Exxon Mobil, Securities, Power of Attorney, Officer, McKee, XOM