Weber Jennifer L 4

What Happened

• Jennifer L. Weber, Senior Vice President at Archer-Daniels-Midland Co. (ADM), had 2,033 shares disposed on March 18, 2026 to satisfy a tax obligation (transaction code F). The shares were valued at $72.12 each, totaling approximately $146,620.
• This was a withholding of shares to cover taxes (routine administrative step), not an open-market sale or a buy.

Key Details

• Transaction date: 2026-03-18; Filing date: 2026-03-20 (filed two days after the transaction, which aligns with the Form 4 two-business-day rule).
• Price per share: $72.12; Shares withheld/disposed: 2,033; Total value: ~$146,620.
• Shares owned after the transaction: not specified in the supplied extract—see the full Form 4 for post-transaction holdings.
• Footnote/transaction code: F = payment of exercise price or tax liability (shares withheld to satisfy taxes). No 10b5-1 plan or other special plan was indicated in the provided details.

Context

• This type of transaction typically reflects a cashless or share-withholding method to cover tax due after an option exercise or restricted share vesting. It is an administrative action and does not necessarily signal the insider’s view on the company’s stock.
• For retail investors, purchases and market buys are generally more informative about insider confidence; tax-withholding dispositions are common and routine.