ADM (ADM) Senior Vice President reports tax-withholding stock disposition on Form 4

Rhea-AI Filing Summary

Archer-Daniels-Midland Co Senior Vice President Ian R. Pinner reported a tax-related share disposition linked to equity compensation. On March 18, 2026, 2,904 shares of common stock were disposed of at $72.12 per share to cover tax obligations. After this withholding event, Pinner directly held 87,772 shares of Archer-Daniels-Midland common stock, so the transaction represents a relatively small portion of his overall position and does not indicate an open-market sale.

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^*

Pinner Ian R

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/18/2026		F		2,904	D	$72.12	87,772	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

Explanation of Responses:

	Dana Ng, Attorney-in-Fact	03/20/2026
	** 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.
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 executive Ian R. Pinner report on this Form 4?

Ian R. Pinner reported a tax-withholding disposition of 2,904 shares of Archer-Daniels-Midland common stock. The shares were used to satisfy tax obligations related to equity compensation, not sold in an open-market transaction.

How many Archer-Daniels-Midland (ADM) shares were involved in Ian R. Pinner’s tax withholding?

The Form 4 shows 2,904 common shares of Archer-Daniels-Midland were disposed of for tax withholding. The transaction price was listed as $72.12 per share, reflecting the value used to cover the associated tax liability.

How many ADM shares does Ian R. Pinner hold after this Form 4 transaction?

Following the tax-withholding disposition, Ian R. Pinner directly holds 87,772 ADM common shares. This remaining stake indicates the reported transaction was relatively small compared with his overall position in Archer-Daniels-Midland stock.

Was Ian R. Pinner’s ADM Form 4 transaction an open-market stock sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax obligations on equity compensation, a routine administrative event rather than a discretionary sale into the market.

What role does Ian R. Pinner hold at Archer-Daniels-Midland (ADM)?

Ian R. Pinner is identified as a Senior Vice President of Archer-Daniels-Midland Co. His Form 4 filing reports a tax-related share disposition while confirming his continued direct ownership of 87,772 ADM common shares after the transaction.

What does transaction code “F” mean in Ian R. Pinner’s ADM Form 4?

Transaction code “F” indicates a payment of exercise price or tax liability by delivering securities. In this case, 2,904 ADM shares were disposed of to satisfy tax obligations tied to Pinner’s equity compensation, rather than being sold on the open market.