Harrison Suzan F. 4

What Happened Suzan F. Harrison, a director of Archer-Daniels-Midland Company (ADM), received 121.266 stock units on June 10, 2026 as an award/credit (transaction code A) under ADM's Stock Unit Plan for Nonemployee Directors. The filing reports the per-unit acquisition price as $0.00 and a reported value of $0 because these were credited as dividend equivalents rather than a purchase of shares. The security is reported as a derivative (stock units) rather than immediate common-stock delivery.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (filed two days after the transaction).
• Transaction type/code: A (award/grant) — 121.266 stock units acquired at $0.00 (derivative security).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Units credited under the dividend-equivalent reinvestment provision of ADM’s Stock Unit Plan for Nonemployee Directors.
  • F2: Conversion/exercise ratio is 1-for-1 (one stock unit equals one common share upon conversion).
  • F3: Settlement/forfeiture timing: units convert or vest at the earlier of (a) five years after the end of the calendar year that includes the quarter of award/credit, or (b) the date the participant ceases to be a board member, subject to plan terms.
• Timeliness: Filing appears timely (reported two days after the transaction).

Context These are dividend-equivalent stock units (derivative securities) credited to a nonemployee director; no cash changed hands and the units represent a future entitlement to shares (1-for-1 conversion per the plan) subject to the plan’s timing and forfeiture rules. Such awards are routine for nonemployee directors and do not by themselves indicate a buy or sell signal.