Exxon Mobil Form 4: Senior VP equity grant and tax withholding
Rhea-AI Filing Summary
Exxon Mobil Corporation (XOM) reported an insider equity award for a senior executive. A Senior Vice President filed a Form 4 showing a grant of 117,800 shares of common stock in the form of restricted stock units, recorded at a price of $0 per share as the award is part of compensation, not a market purchase.
To cover tax withholding upon vesting of restricted stock units, 16,744 shares of common stock were withheld by Exxon Mobil at a price of $115.95 per share, and no shares were sold by the executive. After these transactions, the executive directly beneficially owns 1,036,741 shares of Exxon Mobil common stock and indirectly holds 12,312.2982 shares through a savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 117,800 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,744 | $115.95 | $1.94M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Grant of restricted stock units to be settled in shares only. Shares withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units. No shares were sold by the reporting person.
FAQ
What insider transaction did Exxon Mobil (XOM) disclose in this Form 4?
The filing discloses that a Senior Vice President of Exxon Mobil Corporation (XOM) received a grant of 117,800 restricted stock units to be settled in shares of common stock.
At what price were the Exxon Mobil (XOM) restricted stock units recorded?
The 117,800 restricted stock units were recorded at a price of $0 per share, reflecting that they are an equity compensation grant rather than a market purchase.
What is the reporting person’s role at Exxon Mobil (XOM)?
The reporting person is identified as an Officer of Exxon Mobil Corporation, holding the title of Senior Vice President.