Burke Michael S 4

What Happened

• Michael S. Burke, a member of Archer-Daniels-Midland Company's Board of Directors, was credited with 121.933 stock units (reported as a grant/acquisition, Code A) on 2026-06-10. The units were issued at $0.00 (no cash paid) as dividend-equivalent stock units under the company's Stock Unit Plan for Nonemployee Directors. The units are derivative securities that convert 1-for-1 into common shares per the filing footnotes.

Key Details

• Transaction date: 2026-06-10; Filing date: 2026-06-12 (filed timely).
• Amount: 121.933 stock units; Price: $0.00 (dividend-equivalent credit).
• Conversion: 1-for-1 conversion of units to common shares (Footnote F2).
• Settlement/vesting: Units subject to deferred settlement rules—generally the earlier of five years after the calendar year end that includes the award/credit or when the director leaves the board, as described in the plan (Footnote F3).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing type: award/grant (routine director compensation), not an open-market purchase or sale.

Context

• These are dividend-equivalent stock units credited under ADM’s nonemployee director plan (Footnote F1). They represent future rights to receive common shares (1-for-1) per plan terms and are typical director compensation and deferral mechanics—not a cash purchase or sale. Such awards are generally routine and do not, by themselves, indicate the director’s personal buying or selling sentiment.