Form 4: Exxon Mobil Vice President Liam M. Mallon Reports Stock Transactions

Exxon Mobil Vice President Liam M. Mallon received 102,800 restricted stock units and disposed of 10,822 shares to cover tax obligations.

Summary

• Exxon Mobil Vice President Liam M. Mallon was granted 102,800 restricted stock units on November 26, 2024, which will be settled in shares.
• On November 27, 2024, Mr. Mallon disposed of 10,822 shares of common stock at a price of $118.76 per share to cover tax obligations.
• Following these transactions, Mr. Mallon directly owns 649,771.7387 shares of Exxon Mobil common stock and indirectly owns 13,580.367 shares through a savings plan.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and stock transactions, which are neither particularly positive nor negative. The sentiment is neutral to slightly positive due to the grant of stock units.

Positives

• The grant of 102,800 restricted stock units indicates a positive incentive for the executive.

Industry Context

This is a routine filing related to executive compensation and stock transactions, which is common in publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation is a common practice among large corporations like Exxon Mobil, and the grant of restricted stock units is a typical form of executive compensation.
• The disposal of shares to cover tax obligations is also a standard practice when executives receive stock-based compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

Exxon Mobil, Stock Transactions, Restricted Stock Units, Form 4, Insider Trading, Liam M. Mallon, Executive Compensation