Archer-Daniels-Midland director granted 36 stock units

ADM director David R. McAtee II received additional stock units via dividend-equivalent reinvestment, modestly increasing his deferred equity holdings.

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) reported that director David R. McAtee II acquired 36.49 stock units on September 9, 2026 through the dividend equivalent reinvestment provision of the company’s Stock Unit Plan for Nonemployee Directors. Following this grant, he holds a total of 6,064.475 stock units directly.

Insider Trade Summary

Grant/Award: 36.49 shares

Grant/Award 1 txn

Insider McAtee David R II

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units F1, F2, F3	36.49	$0.00	$0.00

Holdings After Transaction: Stock Units — 6,064.475 contracts (Direct)

Footnotes (3)

1. F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
2. F2. Conversion or exercise price of Derivative Security is 1-for-1.
3. F3. The earlier of (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

Key Figures

Stock units acquired: 36.49 stock units Total stock units after transaction: 6,064.475 stock units Conversion rate of derivative security: 1-for-1 +1 more

4 metrics

Stock units acquired 36.49 stock units Dividend equivalent reinvestment credited on September 9, 2026

Total stock units after transaction 6,064.475 stock units Director’s direct holdings following the September 9, 2026 grant

Conversion rate of derivative security 1-for-1 Each stock unit corresponds to one share of common stock

Potential payout horizon 5 years Earlier of five years after year-end of award/credit or Board service end

Key Terms

Stock Unit Plan for Nonemployee Directors, dividend equivalent reinvestment, stock units, Derivative Security

4 terms

Stock Unit Plan for Nonemployee Directors financial

"under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"

dividend equivalent reinvestment financial

"Represents stock units credited under the dividend equivalent reinvestment provision"

stock units financial

"Represents stock units credited under the dividend equivalent reinvestment provision"

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

Derivative Security financial

"Conversion or exercise price of Derivative Security is 1-for-1"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ADM director David R. McAtee II report?

He reported an acquisition of 36.49 stock units on September 9, 2026, received under the dividend equivalent reinvestment provision of Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors.

How many ADM stock units does David R. McAtee II hold after this transaction?

After the September 9, 2026 transaction, David R. McAtee II directly holds a total of 6,064.475 stock units linked 1-for-1 to Archer-Daniels-Midland Co common stock under the plan.

Was the ADM Form 4 transaction a purchase or a grant?

The Form 4 reports a grant/award acquisition of 36.49 stock units, credited as dividend equivalents under the Stock Unit Plan for Nonemployee Directors, not an open-market purchase or sale.

What is the conversion rate of the ADM stock units reported?

The filing states that the conversion or exercise price of the derivative security is 1-for-1, meaning each stock unit corresponds to one share of Archer-Daniels-Midland Co common stock when settled under the plan.

Are the reported ADM insider transactions under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that this stock unit grant or dividend-equivalent credit was made under a Rule 10b5-1 trading plan.

When do the ADM stock units credited to McAtee generally become payable?

The filing explains payout timing as the earlier of five years after the end of the calendar year of award or credit, or when the participant ceases to be a Board member, subject to possible extensions under the Stock Unit Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 04:04 PM Accepted by SEC EDGAR 09/11/2026 - 04:04 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McAtee David R II

(Last) (First) (Middle)

77 WEST WACKER DRIVE

SUITE 4600

(Street)

CHICAGO ILLINOIS 60601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units(1)	$0.0000(2)	09/09/2026		A		36.49		(3)	(3)	Common Stock	36.49	$0.0000	6,064.475	D

Explanation of Responses:

1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.

2. Conversion or exercise price of Derivative Security is 1-for-1.

3. The earlier of (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

	Dana Ng, Attorney-in-Fact	09/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)