You are incorrect with your statement and you obviously know it since you provided nothing to back up any of it. Below is a list of November transactions of approximately 50,000 total shares traded this month by 15 Exxon officers. Which is less than 1-3 % of the shares they own. As you must know, part of an officers compensation is made up of stock options and is a common practice in all industries :
Insider Relation Last Date ? Transaction Type OwnerType Shares Traded Last Price Shares Held
CORSON BRADLEY W Officer 11/27/2017 Disposition (Non Open Market) direct 5,202 81.4550 220,974
EBNER RANDALL M Officer 11/27/2017 Disposition (Non Open Market) direct 5,202 81.4550 155,317
MALLON LIAM M Officer 11/27/2017 Disposition (Non Open Market) direct 6,587 81.4550 162,265
CORSON BRADLEY W Officer 11/24/2017 Disposition (Non Open Market) direct 3,802 81.2300 226,176
EBNER RANDALL M Officer 11/24/2017 Disposition (Non Open Market) direct 2,309 81.2300 160,519
MALLON LIAM M Officer 11/24/2017 Disposition (Non Open Market) direct 2,447 81.2300 168,852
MILTON BRYAN W Officer 11/24/2017 Disposition (Non Open Market) direct 3,188 81.2300 173,145
SCHLECKSER ROBERT N Officer 11/24/2017 Disposition (Non Open Market) direct 2,473 81.2300 158,138
WASCOM DENNIS G Officer 11/24/2017 Disposition (Non Open Market) direct 5,202 81.2300 178,563
WOJNAR THEODORE J JR Officer 11/24/2017 Disposition (Non Open Market) direct 3,771 81.2300 176,379
WOODBURY JEFFREY J Officer 11/24/2017 Disposition (Non Open Market) direct 4,615 81.2300 243,224
WOODS DARREN W Officer 11/24/2017 Disposition (Non Open Market) direct 4,049 81.2300 384,400
ROSENTHAL DAVID S Officer 11/15/2017 Disposition (Non Open Market) indirect 762 23,290
WILLIAMS JACK P JR Officer 11/10/2017 Disposition (Non Open Market) direct 972 276,531
DOLAN MICHAEL JAMES Officer 11/01/2017 Disposition (Non Open Market) direct 179 982,957
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