Archer-Daniels-Midland (ADM) director reports 885.759 stock unit award
Rhea-AI Filing Summary
Archer-Daniels-Midland Company reported a routine equity grant to one of its directors. On 01/02/2026, the director received 885.759 stock units under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors. These derivative securities are structured on a 1-for-1 basis into shares of common stock with a stated conversion or exercise price of $0.0000. After this grant, the director beneficially owns 11,438.24 stock units directly. The stock units generally become deliverable upon the earlier of a specified multi‑year period or when the participant ceases to be a member of the Board of Directors, as described in the plan.
Positive
- None.
Negative
- None.
FAQ
What did Archer-Daniels-Midland (ADM) disclose in this Form 4 filing?
The filing reports that a director received 885.759 stock units of Archer-Daniels-Midland Company on 01/02/2026 under the Stock Unit Plan for Nonemployee Directors.
How many Archer-Daniels-Midland stock units does the director now beneficially own?
Following the reported transaction, the director beneficially owns 11,438.24 stock units of Archer-Daniels-Midland Company on a direct basis.
What is the conversion ratio for the Archer-Daniels-Midland stock units in this Form 4?
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 common stock.
What is the reported price of the Archer-Daniels-Midland stock units in this grant?
The stock units are reported with a conversion or exercise price of $0.0000, consistent with a stock-based compensation award rather than an open-market purchase.
When do the Archer-Daniels-Midland stock units generally become payable to the director?
The stock units are generally payable on the earlier of a specified date five years after the end of the calendar year in which they are awarded or credited, or the date the participant ceases to be a member of the Board of Directors, as provided in the plan.
Is the reporting person in this ADM Form 4 a director or officer?
The filing identifies the reporting person’s relationship to Archer-Daniels-Midland Company as a Director, with the Form 4 filed for one reporting person.