ADM director awarded 879 stock units
CREWS TERRELL K reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 879.432 | $0.00 | $0.00 |
Footnotes (3)
- F1. Granted pursuant to Archer-Daniels-Midland Company's 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 Units financial
Stock Unit Plan for Nonemployee Directors financial
Derivative Security financial
dividend equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM director Terrell K. Crews report on this Form 4?
How many ADM stock units does Terrell K. Crews hold after this reported grant?
What are the key terms of the ADM stock units granted to director Terrell K. Crews?
Is the ADM Form 4 transaction for Terrell K. Crews an open-market buy or a compensation grant?
How do the ADM stock units granted to Terrell K. Crews relate to common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.