Archer-Daniels-Midland Co·4

Mar 12, 5:09 PM ET

CREWS TERRELL K 4

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

Research Summary

AI-generated summary of this filing

Updated

ADM Director Terrell K. Crews Receives Stock Unit Award

What Happened

  • Terrell K. Crews, a member of the Board of Directors of Archer-Daniels-Midland Company (ADM), was credited with 496.909 stock units on March 10, 2026. The units were recorded as a derivative award at $0.00 per unit (i.e., no cash purchase); they are stock units credited under ADM’s Stock Unit Plan for Nonemployee Directors.

Key Details

  • Transaction date: 2026-03-10; Transaction type/code: Award (A).
  • Amount: 496.909 stock units; reported acquisition price: $0.00 (derivative security).
  • Conversion: units convert 1-for-1 to ADM common shares per the filing (F2).
  • Vesting/settlement: units convert/settle at the earlier of five years after the end of the calendar year including the quarter of the award or upon leaving the Board, subject to plan terms (F3).
  • Shares owned after transaction: not specified in the filing.
  • Filing timeliness: Form 4 filed 2026-03-12 for a 2026-03-10 transaction — no late filing indicated.

Context

  • These are dividend-equivalent stock units credited to a nonemployee director under ADM’s director compensation plan (F1). They are not an open-market purchase or sale and do not represent immediate cash proceeds; conversion to actual shares occurs per the plan’s timing rules. Such grants are routine for nonemployee directors and are typically part of standard compensation.

Insider Transaction Report

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

    Stock Units

    [F1][F2][F3]
    2026-03-10+496.90965,926.66 total
    Exercise: $0.00Common Stock (496.909 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