ADM director awarded 33.748 stock units
Archer-Daniels-Midland Co director David R. McAtee II reported an acquisition of 33.748 stock units under the company’s nonemployee director plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director David R. McAtee II reported an acquisition of 33.748 stock units under the company’s nonemployee director plan. These stock units were credited as dividend equivalents and are convertible into common stock on a 1-for-1 basis.
Following this award, McAtee holds a total of 5,312.466 stock units directly. The units are scheduled to be settled in connection with board service or within a specified time period under the terms of Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 33.748 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
- F2. Conversion or exercise price of Derivative Security is 1-for-1.
- F3. The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or 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
Key Terms
Stock Unit Plan for Nonemployee Directors financial
dividend equivalent reinvestment provision financial
stock units financial
Derivative Security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM director David R. McAtee II report?
How many ADM stock units does David R. McAtee II hold after this Form 4?
What is the nature of the ADM stock units granted to David R. McAtee II?
Was the ADM Form 4 transaction by David R. McAtee II a market purchase or sale?
How do the dividend-equivalent stock units work for ADM nonemployee directors?
AI-generated analysis. How Rhea-AI works. Not financial advice.