Archer-Daniels-Midland Co·4

Jun 12, 4:10 PM ET

de Brabander Ellen 4

Research Summary

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Archer-Daniels-Midland (ADM) Director Ellen de Brabander Receives Award

What Happened

  • Ellen de Brabander, a member of the Archer-Daniels-Midland Company Board of Directors, was credited with 65.436 stock units on 2026-06-10 as an award (transaction code A). The filing shows an acquisition price of $0.00 — these are derivative stock units rather than an open-market purchase. No cash changed hands at award time.

Key Details

  • Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely filing).
  • Amount credited: 65.436 stock units; reported acquisition price: $0.00 (derivative security).
  • Shares owned after transaction: not disclosed in the provided report.
  • Footnotes:
    • F1: Units represent stock units credited under the dividend-equivalent reinvestment provision of the Stock Unit Plan for Nonemployee Directors.
    • F2: Conversion/exercise parity is 1-for-1 (each unit converts to one share on settlement).
    • F3: Settlement/vesting occurs by the earlier of five years after the relevant calendar year/quarter or when the director ceases board service, subject to plan terms.
  • Remarks file noted as: poadebrabander.txt.

Context

  • These awards are routine director compensation and are derivative stock units tied to ADM equity; they are not a market purchase or sale and don't indicate an immediate buy/sell decision. The economic value will depend on ADM's share price if and when the units convert to common stock and/or are settled.