Form 4: Exxon Mobil VP Talley Receives RSU Grant

Exxon Mobil's VP of Corporate Strategic Planning, Darrin L. Talley, reported the acquisition of 50,700 restricted stock units and the disposition of 5,760 shares for tax withholding purposes.

Summary

• Darrin L. Talley, VP of Corporate Strategic Planning at Exxon Mobil Corp (XOM), reported transactions on November 25, 2025.
• Talley acquired 50,700 shares of common stock through a grant of restricted stock units (RSUs) at a price of $0.
• Concurrently, 5,760 shares were disposed of by the issuer at a price of $115.95 to satisfy tax withholding obligations related to the RSU vesting.
• No shares were sold by the reporting person in connection with the tax withholding.
• Following these transactions, Talley directly beneficially owns 272,640.3012 shares of common stock.
• Indirect beneficial ownership includes 100 shares by a dependent child, 13,829 shares by a revocable trust (jointly with spouse), 3,295 shares by a spouse's brokerage account, 8,239 shares by a spouse's family trust, and 6,569.5363 shares by a savings plan.

Sentiment

Score: 6

Explanation: The filing reports routine executive compensation events (RSU grant and tax withholding). It is neutral to slightly positive as it indicates continued alignment of management interests with the company's performance, without any discretionary sales by the executive.

Positives

• The grant of 50,700 restricted stock units indicates continued compensation and alignment of management interests with shareholder value.
• The shares withheld were solely for tax obligations, not a sale by the reporting person, which is a standard practice for RSU vesting.

Future Outlook

NA

Industry Context

This filing reflects a standard executive compensation practice within large publicly traded companies, particularly in the energy sector, where restricted stock units are commonly used to align executive incentives with long-term company performance.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a component of executive compensation is a common practice across major corporations, including peers in the energy sector like Chevron (CVX) or Shell (SHEL).
• The withholding of shares for tax purposes upon vesting is also a standard, non-discretionary event.
• The specific number of units granted is commensurate with a senior executive role at a company of Exxon Mobil's size and market capitalization.

Related Party Transactions

• The transactions involve an executive (Darrin L. Talley) and the company (Exxon Mobil Corporation), which are inherently related parties.
• The indirect holdings also involve family members and trusts, which are common related party disclosures for beneficial ownership.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns executive incentives with long-term shareholder value. The tax withholding is a standard, non-dilutive event.
• Employees: Reflects standard executive compensation practices within the company.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation, specifically an RSU grant and shares withheld for tax purposes. It does not contain information that would fundamentally alter the investment thesis for Exxon Mobil. The transactions are standard and expected, thus warranting no change in an existing investment position.

Keywords

Exxon Mobil, XOM, Darrin L. Talley, Form 4, SEC filing, insider transaction, restricted stock units, RSU grant, executive compensation, stock ownership, tax withholding