MOORE PATRICK J 4

What Happened Patrick J. Moore, a member of Archer-Daniels-Midland Company’s Board of Directors, was credited with 641.704 stock units on 2026-06-10 as an award (transaction code A). The filing reports an acquisition price of $0.00 because these were dividend-equivalent stock units rather than a cash purchase. The units are derivative securities that convert 1-for-1 into common shares upon settlement.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely within the normal reporting window).
• Amount: 641.704 stock units; reported price: $0.00 (award/dividend equivalent).
• Conversion: 1-for-1 conversion to ADM common shares (per filing footnote).
• Settlement/vesting: Units convert/settle at the earlier of five years after the end of the calendar year that includes the quarter for which the unit was awarded or when the director ceases board service (per plan terms); may be extended per plan.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 (dividend-equivalent stock units), F2 (1-for-1 conversion), F3 (settlement timing per Stock Unit Plan).

Context These units are part of nonemployee director compensation and reflect dividend-equivalent reinvestment, not an open-market purchase or sale. Such awards are routine compensation and do not by themselves indicate insider buying or selling sentiment. The units are derivative in nature and will convert into actual shares at a later date under the plan’s timing rules.