Jones Regina 4

What Happened
Regina Jones, Senior Vice President of Archer-Daniels-Midland Co. (ADM), had 2,421 shares of ADM common stock withheld to cover a tax obligation on March 18, 2026. The withholding was reported at $72.12 per share for a cash value of approximately $174,603. This was a tax-withholding disposition (routine administrative action), not an open-market sale.

Key Details

• Transaction date: 2026-03-18; reported on Form 4 filed 2026-03-20 (appears timely).
• Shares withheld/disposed: 2,421 at $72.12 each; total ~ $174,603.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: The amount includes 80 shares acquired on 2026-01-30 under ADM's employee stock purchase plan.
• Transaction code: F — payment of exercise price or tax liability (withholding).

Context
Tax-withholding by an employer is a common administrative step when stock is issued (for example, after option exercises or vesting of awards) and does not necessarily indicate the insider is selling shares on the open market. This transaction reflects covering tax obligations rather than a discretionary sale; retail investors should treat it as routine unless accompanied by separate open-market sales or purchases.