Archer-Daniels-Midland Co·4

Mar 12, 5:09 PM ET

Harrison Suzan F. 4

4 · Archer-Daniels-Midland Co · Filed Mar 12, 2026

Research Summary

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ADM Director Suzan F. Harrison Receives Stock Unit Award

What Happened Suzan F. Harrison, a member of Archer-Daniels-Midland Company’s Board of Directors, was credited with 136.986 stock units (derivative securities) on March 10, 2026. The units were reported as an award/grant (code A) at $0.00 per unit (reported value $0) because they represent dividend-equivalent stock units rather than a cash purchase. The units convert 1-for-1 into common shares per the plan terms when settled.

Key Details

  • Transaction type & date: Award (A) of 136.986 stock units on 2026-03-10; Form 4 filed 2026-03-12.
  • Price reported: $0.00 per unit (derivative award); total reported cash value $0.
  • Conversion: 1-for-1 conversion to common shares (footnote F2).
  • Settlement/vesting: Units settle at the earlier of five years after the relevant calendar year/quarter or when the director leaves the board, per the Stock Unit Plan for Nonemployee Directors (footnote F3).
  • Origin: Units credited as dividend equivalents under the nonemployee directors’ Stock Unit Plan (footnote F1).
  • Shares owned after transaction: Not disclosed in the filing.
  • Timeliness: Filing appears timely (transaction 2026-03-10; Form 4 filed 2026-03-12).

Context These are dividend-equivalent stock units awarded to a nonemployee director as part of routine director compensation, not a market purchase or sale. They represent a future entitlement to shares subject to the plan’s settlement rules and do not by themselves indicate buying or selling sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-10
Transactions
  • Award

    Stock Units

    [F1][F2][F3]
    2026-03-10+136.98618,174.391 total
    Exercise: $0.00Common Stock (136.986 underlying)
Footnotes (3)
  • [F1]Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
  • [F2]Conversion or exercise price of Derivative Security is 1-for-1.
  • [F3]The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
Signature
Dana Ng, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    doc4.xmlPrimary