Burke Michael S 4

What Happened

• Michael S. Burke, a director of Archer-Daniels-Midland Company (ADM), received an award of 829.296 stock units (a derivative security) on 2026-07-01. The units were granted at $0.00 per unit (typical for equity awards) and are reported as a derivative acquisition rather than an open-market purchase.
• The award represents compensation (non-cash equity) for board service rather than a purchase or sale of existing shares.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely filing).
• Transaction type: Award/Grant (derivative security) — 829.296 stock units at $0.00.
• Conversion: The units convert 1-for-1 to common shares per plan terms (footnote: conversion/exercise ratio is 1-for-1).
• Vesting/settlement: Units are subject to the Stock Unit Plan for Nonemployee Directors; settlement occurs by the earlier of (a) five years after the calendar year including the quarter of the award, (b) when credited as a dividend equivalent, or (c) when the director leaves the Board, subject to plan terms.
• Shares owned after transaction: Not specified in this filing.
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context

• Grants to nonemployee directors are routine compensation and do not by themselves indicate the director is buying or selling based on private information. These awards are typically deferred equity intended to align director interests with shareholders and will convert to ordinary shares per the plan rules when settled.