4Filed Aug 4, 8:00 PM ET

ADM CFO Monish Patolawala Withholds 6,720 Shares for Taxes

$ADM · Archer-Daniels-Midland Co

Research Summary

AI-generated summary of this SEC filing

Updated

ADM CFO Monish Patolawala Withholds 6,720 Shares for Taxes

What Happened
Monish D. Patolawala, Executive Vice President & Chief Financial Officer of Archer-Daniels-Midland Co (ADM), had 6,720 shares withheld to satisfy tax withholding obligations tied to the vesting of Restricted Stock Units. The shares were valued at $79.27 each, for a total transaction value of approximately $532,694. This was a withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-08-03; Price per share: $79.27; Total value (withheld): ~$532,694.
  • Transaction type: F — shares withheld to satisfy tax obligations upon RSU vesting (not a market sale).
  • Footnote: The withholding relates to a portion of RSUs granted when Mr. Patolawala joined ADM on August 1, 2024.
  • Shares owned after the transaction: Not specified in this filing.
  • Filing status: Report filed 2026-08-05; no indication in the filing that it was late.

Context
Tax-withholding dispositions are common when RSUs vest and are generally administrative (a cashless withholding) rather than an indication of the insider selling shares on-market. This was not an open-market sale or purchase; it simply satisfied withholding obligations tied to previously granted awards.