4Filed Sep 10, 8:00 PM ET
Archer-Daniels-Midland (ADM) Director Patrick J. Moore Receives Award
$ADM · Archer-Daniels-Midland CoResearch Summary
AI-generated summary of this SEC filing
Archer-Daniels-Midland (ADM) Director Patrick J. Moore Receives Award
What Happened
- Patrick J. Moore, a member of the Board of Directors of Archer-Daniels-Midland Company (ADM), was awarded 615.93 stock units on 2026-09-09. The award is recorded as a derivative acquisition (transaction code A) with an acquisition price of $0.00; the units convert to common shares on a 1-for-1 basis when/if converted.
Key Details
- Transaction date: 2026-09-09; Filing date: 2026-09-11 (timely Form 4 filing).
- Amount: 615.93 stock units; reported acquisition price: $0.00 (no cash paid).
- Conversion: derivative converts 1-for-1 into common shares (footnote F2).
- Grant basis: units were credited under the dividend equivalent reinvestment provision of ADM’s Stock Unit Plan for Nonemployee Directors (footnote F1).
- Vesting/settlement timing: units convert/settle at the earlier of five years after the applicable calendar-year quarter or the director’s departure from the board, subject to plan terms (footnote F3).
- Shares owned after transaction: not specified in the filing.
Context
- This is a routine director compensation event (award of stock units/dividend equivalents) rather than an open-market purchase or sale. The grant involves derivative stock units that will convert to shares per the plan’s timing rules and does not indicate an immediate cash investment or sale by the director.