Form 4: ExxonMobil Director Gifts 17,000 Shares
Insider Transaction Report
ExxonMobil Director Michael J. Angelakis reported a gift of 17,000 common shares, reducing his direct beneficial ownership to 21,000 shares.
Summary
- Director Michael J. Angelakis disposed of 17,000 shares of Exxon Mobil Corporation common stock.
- The transaction occurred on December 12, 2025, and was a gift, with no consideration received or given.
- Following this transaction, Angelakis directly beneficially owns 21,000 shares of common stock.
- His direct holdings include 3,000 shares held in joint ownership with his spouse.
- A Power of Attorney, effective March 1, 2025, was granted by Michael J. Angelakis to J. Powell Fancher, Roy V. Richter, Angela M. Garriss, or Marsha E. Stewart Schreiner for SEC reporting purposes.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine insider transaction report (Form 4) detailing a gift of shares, which does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
N/A
Industry Context
This is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Establishment | Michael J. Angelakis granted a new Power of Attorney to specific individuals (J. Powell Fancher, Roy V. Richter, Angela M. Garriss, or Marsha E. Stewart Schreiner) for preparing and signing SEC reports related to ExxonMobil securities, effective March 1, 2025. This action revokes any earlier-dated powers of attorney for the same purpose. | 2025-03-01 | Streamlines the process for filing required insider transaction reports on behalf of the director, ensuring compliance with Section 13, Section 16, and Rule 144 reporting requirements. |
Stakeholder Impact
- Shareholders: Minor impact as it is a routine insider disclosure of a share gift, not a sale or purchase indicating a change in investment thesis.
Key Dates
| Date | Description |
|---|---|
| 2025-02-20 | Power of Attorney executed by Michael J. Angelakis. |
| 2025-03-01 | Power of Attorney becomes effective. |
| 2025-12-12 | Date of common stock gift transaction. |
| 2025-12-15 | Date Form 4 was signed by Power of Attorney. |
Keywords
ExxonMobil, XOM, Insider Transaction, Form 4, Director Shareholding, Stock Gift, Michael J. Angelakis
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.