Weber Jennifer L 4

What Happened

• Jennifer L. Weber, Senior Vice President at Archer-Daniels-Midland Co (ADM), was awarded 9,247 performance share units (PSUs) on Feb 4, 2026 (reported as an acquisition at $0.00). On Feb 9, 2026 she had 3,767 shares disposed to satisfy tax withholding: 1,057 shares at $66.33 for $70,111 and 2,710 shares at $66.33 for $179,754, totaling $249,865. The award (A) vested as PSUs and the share disposals are reported as tax-withholding (F).

Key Details

• Award: 9,247 PSUs granted on 2026-02-04 (each PSU = 1 share upon settlement) (Footnote F1).
• Tax-withholding sales: 2026-02-09 — 1,057 shares @ $66.33 = $70,111; 2,710 shares @ $66.33 = $179,754; total proceeds $249,865; total sold = 3,767 shares.
• Transaction codes: A = award/grant; F = payment of exercise price or tax liability (share withholding/sale).
• Shares owned after these transactions: not specified in the summary — see the filed Form 4 for post-transaction holdings.
• Filing: Form 4 filed 2026-02-10 (covers events on Feb 4 and Feb 9); this appears to be a timely filing.

Context

• These were PSUs that vested (an award), not a cash purchase; the subsequent share disposals were to satisfy tax obligations (a routine, non-discretionary withholding/sale), not an open-market sell indicating a change in conviction. For derivative/award events, the key action is the grant/vesting (the company certifying performance), while withheld shares simply cover taxes.