ADM director granted 750.543 stock units
Archer-Daniels-Midland Company director Patrick J. Moore acquired 750.543 stock units on Common Stock equivalents as a grant under the company’s Stock Unit Plan for Nonemployee Directors.
Rhea-AI Filing Summary
Archer-Daniels-Midland Company director Patrick J. Moore acquired 750.543 stock units on Common Stock equivalents as a grant under the company’s Stock Unit Plan for Nonemployee Directors. These units were credited through the plan’s dividend equivalent reinvestment feature and carry a 1-for-1 conversion into Common Stock.
Following this award, Moore holds a total of 99,577.217 stock units directly. Under the plan, these stock units are generally settled in shares on the earlier of a specified five-year period after crediting or when he ceases to serve on the Board, as provided by the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 750.543 | $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.
FAQ
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What insider transaction did ADM director Patrick J. Moore report on this Form 4?
How many ADM stock units does Patrick J. Moore hold after this transaction?
What is the nature of the 750.543 ADM stock units granted to Patrick J. Moore?
Did Patrick J. Moore pay cash for the 750.543 ADM stock units reported?
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