ADM Director James C. Collins Jr. Receives 79.15-Share Award

What Happened

• James C. Collins Jr., a member of the Board of Directors of Archer-Daniels-Midland Company (ADM), was credited with 79.15 stock units on 2026-09-09. The units were recorded as an award/acquisition (code A) at a $0 acquisition price (non-cash derivative grant).
• This award represents dividend-equivalent stock units under ADM’s Stock Unit Plan for Nonemployee Directors and is a routine form of director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (appears timely — filed two days after the transaction).
• Amount: 79.15 stock units; reported acquisition price: $0.00 (derivative award).
• Security type: derivative (stock units convertible 1-for-1 into shares per filing footnote).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes:
  • F1: Units credited as dividend equivalents under the nonemployee director stock unit plan.
  • F2: Conversion is 1-for-1 (each unit converts to one common share).
  • F3: Settlement timing: units convert/shareable at the earlier of (i) up to five years after the award period or (ii) when the director ceases board service, subject to plan terms.

Context

• These dividend-equivalent stock units are a common, non-cash form of director compensation and don’t indicate an open-market purchase or sale. They are derivative awards that will convert to common shares under the plan’s timing rules.