MOORE PATRICK J 4

What Happened

• Patrick J. Moore, a member of the Board of Directors of Archer-Daniels-Midland Company (ADM), received a grant of 746.777 stock units on July 1, 2026. The Form 4 reports the acquisition as an award (derivative security) with a reported price of $0.00 (i.e., an equity award, not a purchase).

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-02.
• Transaction type: Award/Grant of derivative security (code A).
• Shares/units granted: 746.777 stock units; reported acquisition price: $0.00.
• Conversion: Derivative converts to common stock on a 1-for-1 basis (Footnote F2).
• Vesting/settlement timing: Units convert or become payable at the earlier of (a) five years after the end of the calendar year that includes the quarter for which the units were awarded, (b) the date the unit is credited as a dividend equivalent, or (c) the date the director ceases Board service — subject to plan terms (Footnote F3).
• Plan: Granted under Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors (Footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Timeliness: Filing appears timely (transaction 7/1/2026; Form filed 7/2/2026).

Context

• This is a common form of director compensation (stock units/RSUs) and should be viewed as a grant, not an open-market purchase or sale. The award becomes shares only if/when the units convert under the plan’s timing/vesting rules; it does not by itself indicate an immediate cash commitment or sale.