Harrison Suzan F. 4

What Happened
Suzan F. Harrison, a director of Archer-Daniels-Midland Company (ADM), received a grant of 796.788 stock units on 2026-07-01. The Form 4 reports these as a derivative award with an acquisition price of $0.00 (i.e., a compensation grant, not a market purchase). No immediate cash value or share sale was reported in this filing.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely filing).
• Security: Stock units awarded (reported as a derivative); quantity 796.788; reported price $0.00.
• Conversion: Footnote says units convert 1-for-1 to shares (F2).
• Vesting/holding: Units are subject to plan timing—convert or pay out at the earlier of (a) five years after the end of the calendar year that includes the quarter of the award, (b) when credited as a dividend equivalent, or (c) when the director leaves the board, subject to plan terms (F3).
• Plan: Award made under Archer‑Daniels‑Midland Company's Stock Unit Plan for Nonemployee Directors (F1).
• Shares owned after transaction: not specified in the provided filing details.

Context
This is a standard director compensation award (deferred stock units) rather than an open‑market buy or sale. Such awards typically convert to common shares per the plan rules at a later date and do not represent an immediate market transaction. They are common for nonemployee directors and are primarily compensation, not a direct signal of a purchase or sale.