McAtee David R II 4
4 · Archer-Daniels-Midland Co · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
ADM Director David McAtee Receives 34.459 Stock Units
What Happened David R. McAtee II, a director of Archer-Daniels-Midland Company (ADM), was credited with 34.459 stock units on 2026-03-10. The units were granted at $0.00 (reported value $0) as dividend equivalents under ADM’s Stock Unit Plan for Nonemployee Directors — a compensation/award transaction, not a cash purchase.
Key Details
- Transaction type/date: Award of stock units (A) on 2026-03-10; Form 4 filed 2026-03-12.
- Quantity/price: 34.459 stock units credited at $0.00 (reported value $0).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Units represent stock units credited under the dividend equivalent reinvestment provision of the nonemployee director plan.
- F2: Conversion/exercise ratio is 1-for-1 (one stock unit converts to one share).
- F3: Conversion/settlement timing: generally the earlier of five years after the applicable award period or when the director leaves the Board, subject to plan terms.
- Filing timeliness: Form filed March 12, 2026 for a March 10, 2026 transaction; no late-filing indication in the report.
Context These stock units are a form of director compensation (dividend equivalents) and are treated as derivative awards that can convert 1-for-1 into ADM shares after the specified deferral/holding conditions. Such awards are routine for nonemployee directors and are not an open-market purchase or sale that directly signals trading intent.
Insider Transaction Report
- Award
Stock Units
[F1][F2][F3]2026-03-10+34.459→ 4,571.724 totalExercise: $0.00→ Common Stock (34.459 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.