ADM Director Schlitz Lei Zhang Receives 109.51 Stock Units

What Happened

• Schlitz Lei Zhang, a member of the Board of Directors of Archer‑Daniels‑Midland Company (ADM), was credited with 109.51 stock units on 2026-09-09 as an award under the company’s Stock Unit Plan for Nonemployee Directors. The units were granted at $0.00 per unit (reported value $0), i.e., this was a compensatory award rather than a market purchase.

Key Details

• Transaction date: 2026-09-09; Form 4 filed 2026-09-11 (timely).
• Transaction type/code: Grant/Award (A).
• Units received: 109.51 stock units reported as a derivative security; reported acquisition price $0.00.
• Conversion: Units convert 1-for-1 into common shares (footnote F2).
• Settlement/holding period: Units generally settle at the earlier of (i) up to five years after the calendar year/quarter in which credited or awarded, or (ii) the date the director leaves the Board, subject to plan terms (footnote F3).
• Shares owned after transaction: Not specified in this filing.
• Footnote: Units were credited under the dividend equivalent reinvestment provision of ADM’s Stock Unit Plan for Nonemployee Directors (footnote F1).

Context

• These stock units are a form of director compensation (derivative awards) and are not an open‑market purchase or sale. They will convert to ordinary shares on settlement per the plan’s timing rules, so the economic impact depends on ADM’s share price at conversion. This type of filing is routine for nonemployee director compensation and should be viewed as a grant, not a trading signal.