ADM (NYSE: ADM) director Terrell Crews receives 879 stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CREWS TERRELL K reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland Co director Terrell K. Crews received a grant of 879.432 stock units as board compensation. The award was granted at a price of $0.00 per unit under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
Each stock unit is convertible into one share of common stock on a 1-for-1 basis. After this grant, Crews holds a total of 66,806.092 stock units directly. The stock units generally settle on the earlier of a plan-based deferral date or when the director leaves the Board, consistent with the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CREWS TERRELL K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 879.432 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 66,806.092 shares (Direct)
Footnotes (1)
- Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors. Conversion or exercise price of Derivative Security is 1-for-1. 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
Stock units granted: 879.432 stock units
Total stock units after grant: 66,806.092 stock units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Stock units granted
879.432 stock units
Grant to nonemployee director on April 1, 2026
Total stock units after grant
66,806.092 stock units
Director’s direct holdings following transaction
Grant price per unit
$0.00 per unit
Compensation award, not open-market purchase
Conversion ratio
1-for-1 into common stock
Stock units convertible into ADM common shares
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, Derivative Security, dividend equivalent
4 terms
Stock Units financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
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.
Stock Unit Plan for Nonemployee Directors financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
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.
dividend equivalent financial
"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"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
FAQ
What insider transaction did ADM director Terrell K. Crews report on this Form 4?
Terrell K. Crews reported receiving 879.432 stock units as a grant under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors. The units were awarded at $0.00 per unit as part of his director compensation.
How many ADM stock units does Terrell K. Crews hold after this reported grant?
After the reported grant, Terrell K. Crews holds a total of 66,806.092 stock units. This figure reflects his direct holdings of stock units following the April 1, 2026 compensation award shown in the Form 4 filing.
What are the key terms of the ADM stock units granted to director Terrell K. Crews?
The granted stock units convert into common stock on a 1-for-1 basis, with a stated price of $0.00 per unit. Settlement generally occurs on a plan-based deferral date or when the director leaves the Board, as described in the company’s nonemployee director plan.
Is the ADM Form 4 transaction for Terrell K. Crews an open-market buy or a compensation grant?
The transaction is a compensation-related grant, not an open-market purchase. Terrell K. Crews received 879.432 stock units as a nonemployee director award under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors at no cash purchase price.
How do the ADM stock units granted to Terrell K. Crews relate to common stock?
Each stock unit corresponds to one share of ADM common stock under a 1-for-1 conversion ratio. This means 879.432 stock units are ultimately tied to 879.432 shares of common stock when the units are settled according to the plan’s terms.