STOCK TITAN

ADM (NYSE: ADM) director Terrell Crews receives 879 stock units grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
CREWS TERRELL K

(Last)(First)(Middle)
77 WEST WACKER DRIVE
SUITE 4600

(Street)
CHICAGO ILLINOIS 60601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)$0.0000(2)04/01/2026A879.432 (3) (3)Common Stock879.432$0.000066,806.092D
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-Fact04/02/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.