ADM Director Ellen de Brabander Receives 66.68 Stock Units

What Happened

• Ellen de Brabander, a director of Archer-Daniels-Midland Company (ADM), was credited with 66.68 stock units on 2026-09-09 as an award/dividend equivalent under ADM’s Stock Unit Plan for Nonemployee Directors. The units were reported as acquired at $0 because they are derivative stock units (not an open-market purchase).

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (filed timely).
• Security: Derivative stock units — 66.68 units; reported acquisition price: $0.00.
• Conversion: Units convert 1-for-1 into common shares per filing (Footnote F2).
• Vesting/distribution timing: Units are subject to the plan’s payout conditions — generally the earlier of (i) up to five years after the calendar year of award/credit or (ii) the director’s departure from the board (Footnote F3).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: these units were credited as dividend equivalents under the nonemployee director stock unit plan (Footnote F1).

Context

• This is an award/compensation event (not a market purchase or sale). Such credits are routine for nonemployee directors as part of compensation and do not necessarily signal a personal buy/sell decision. The units are derivative until converted to shares per the plan’s schedule.