Morris Gregory A 4

What Happened

• Gregory A. Morris, Senior Vice President of Archer-Daniels-Midland Company (ADM), received an award of 18,993 shares on 2026-02-12 (reported as acquisition code A). The next day, 4,350 shares were disposed on 2026-02-13 to satisfy tax withholding (code F) at $69.50 per share, a value of $302,325. The grant is an acquisition (not an open-market purchase); the withholding is a routine disposition to cover taxes.

Key Details

• Award (A): 18,993 shares granted on 2026-02-12, reported price $0.00 (typical for stock awards/RSUs).
• Tax withholding (F): 4,350 shares surrendered/disposed on 2026-02-13 at $69.50 per share = $302,325.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form 4 filed 2026-02-17; filing appears timely (within SEC two-business-day requirement, accounting for the Feb 16 holiday).
• Notes: Code A = award/grant; Code F = payment of exercise price or tax liability (here used for withholding). No 10b5-1 plan or other special footnotes reported in the filing.

Context

• This sequence (award followed by share withholding) is a common, routine way companies and insiders handle taxes on stock awards. The initial grant is an acquisition of shares by the insider; the withheld shares are not an independent bearish signal but a tax-related disposition.