Pinner Ian R 4

What Happened Ian R. Pinner, Senior Vice President at Archer-Daniels-Midland Co. (ADM), was granted 17,842 shares as an award on 2026-02-12 (reported at $0.00 per share). The next day, 3,769 of those shares were disposed/withheld to satisfy a tax liability at an effective value of $69.50 per share, totaling approximately $261,946. The initial action was an award (not a market purchase), and the withholding is a routine tax-related disposition rather than a discretionary sell.

Key Details

• Transaction types: A (award/grant) on 2026-02-12; F (tax withholding/payment) on 2026-02-13.
• Award: 17,842 shares acquired at $0.00 per share.
• Withheld/disposed: 3,769 shares at $69.50 per share, proceeds ≈ $261,946.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote/meaning: Code F indicates shares were surrendered/withheld to cover tax withholding or exercise price; this is a common administrative step.
• Filing timeliness: Report filed 2026-02-17 for a 2026-02-12 transaction (file appears later than the typical 2-business-day Form 4 deadline).

Context This appears to be a grant/vesting event with shares withheld for taxes (a cashless withholding), which is a routine employer-administered action and not the same as an open-market sale indicating a change in insider sentiment. For retail investors, award receipts confirm ongoing compensation alignment with equity, while withheld shares simply satisfy tax obligations.