Archer-Daniels-Midland (ADM) director reports stock unit grant and sale

Rhea-AI Filing Summary

A director of Archer-Daniels-Midland Co reported equity transactions on 01/02/2026. The director exercised derivative stock units into 4,821.021 shares of common stock at a conversion price of $0.0000 per unit and then disposed of those 4,821.021 common shares at a price of $58.28 per share, leaving no directly held common stock.

The filing also shows the grant of 1,425.856 stock units at a conversion price of $0.0000, issued under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors on a 1-for-1 basis into common stock. After these transactions, the director beneficially owned 28,480.025 stock units directly, which are generally settled in common stock at a future date under the plan’s terms.

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

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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^*

Sandler Debra A.

(Last) (First) (Middle)

77 WEST WACKER DRIVE

SUITE 4600

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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

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

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

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
Common Stock	01/02/2026		M		4,821.021	A	$0.0000	4,821.021	D
Common Stock	01/02/2026		D		4,821.021	D	$58.28	0.0000	D

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)	01/02/2026		A		1,425.856		(3)	(3)	Common Stock	1,425.856	$0.0000	33,301.046	D
Stock Units(1)	$0.0000(2)	01/02/2026		M			4,821.021	(3)	(3)	Common Stock	4,821.021	$0.0000	28,480.025	D

Explanation of Responses:

1. Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

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

3. 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.

	Dana Ng, Attorney-in-Fact	01/05/2026
	** 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.
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FAQ

What insider transaction did ADM report on this Form 4?

The Form 4 reports that a director of Archer-Daniels-Midland Co (ADM) exercised stock units into 4,821.021 common shares and then disposed of those same 4,821.021 shares on 01/02/2026.

At what price were Archer-Daniels-Midland (ADM) shares sold in this insider trade?

The director disposed of 4,821.021 shares of ADM common stock at a price of $58.28 per share on 01/02/2026.

How many stock units did the ADM director receive in this transaction?

The director was granted 1,425.856 stock units at a conversion price of $0.0000 on 01/02/2026 under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

What does the 1-for-1 conversion mean for ADM stock units?

The filing states that the conversion or exercise price of the derivative security is 1-for-1, meaning each stock unit is designed to convert into one share of Archer-Daniels-Midland common stock.

How many ADM stock units does the director hold after these transactions?

After the reported activity, the director beneficially owned 28,480.025 stock units directly, which are tied to Archer-Daniels-Midland common stock under the stock unit plan.

What plan governs the ADM director’s stock units in this Form 4?

The stock units were granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors, as described in the explanation of responses.

When are the ADM director’s stock units generally settled?

The filing explains that settlement occurs on the earlier of five years after the end of the calendar year that includes the award or dividend credit, or when the participant ceases to be a board member, as provided under the stock unit plan.