Patolawala Monish D 4

What Happened
Monish D. Patolawala, Executive Vice President & Chief Financial Officer of Archer-Daniels-Midland Co (ADM), had 34,447 shares withheld by ADM on Feb 2, 2026 to cover withholding tax tied to vested restricted stock units (RSUs). The withholding was recorded at $67.31 per share for a total of approximately $2,318,628. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-02 at $67.31 per share.
• Shares affected: 34,447 shares withheld (disposed) to satisfy tax obligations.
• Total value: ~$2,318,628.
• Filing date / timeliness: Form 4 filed 2026-02-03 for a 2026-02-02 transaction — appears timely.
• Footnote: F1 — Withholding relates to RSUs granted when Mr. Patolawala joined ADM on Aug 1, 2024.
• Shares owned after transaction: Not stated in the provided filing excerpt.

Context

• This was a tax-withholding event tied to RSU vesting (cashless share withholding), common when equity grants vest; it does not represent an open-market sale expressing a view on the stock.
• Transaction code F indicates shares were retained by the company to satisfy tax withholding rather than sold by the insider on the market.
• For retail investors: such withholdings are routine and typically not a signal about management’s outlook; purchases or open-market sales are generally more informative.