ADM Director Suzan F. Harrison Receives Award

What Happened Suzan F. Harrison, a director of Archer-Daniels-Midland Company (ADM), was credited with 120.37 stock units on 2026-09-09. The units were recorded as a derivative award with an acquisition price of $0.00 (stock units issued as dividend equivalents under ADM’s Stock Unit Plan for Nonemployee Directors). The filing was submitted to the SEC on 2026-09-11.

Key Details

• Transaction date: 2026-09-09; SEC filing date: 2026-09-11.
• Award: 120.37 stock units; reported acquisition price $0.00 (derivative security).
• Conversion: 1-for-1 conversion/exercise of the derivative security (the units convert to shares on a one-for-one basis).
• Settlement timing: Units are subject to the plan’s payout timing — generally the earlier of five years after the calendar year that includes the award/credit or the date the director leaves the board (may be extended per plan terms).
• Shares owned after transaction: Not specified in the Form 4 filing.

Context These were dividend-equivalent stock units awarded under ADM’s nonemployee director plan, not an open-market purchase or sale. Such credits are routine compensation for directors and do not necessarily signal a change in insider sentiment. The units convert to common shares on a 1-for-1 basis at settlement per the plan’s timing rules.