ADM CFO Monish Patolawala Withholds 6,720 Shares for Taxes
$ADM · Archer-Daniels-Midland CoResearch Summary
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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.