ADM (NYSE: ADM) director receives 706.994 stock units as board grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Collins James C. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland Co director James C. Collins Jr. received a grant of 706.994 stock units as a compensation award under the company’s Stock Unit Plan for Nonemployee Directors. Each stock unit is convertible into one share of common stock, bringing his direct holdings to 12,232.103 stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collins James C. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 706.994 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 12,232.103 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: 706.994 units
Holdings after transaction: 12,232.103 units
Conversion ratio: 1-for-1
+1 more
4 metrics
Stock units granted
706.994 units
Director compensation grant coded as A on Form 4
Holdings after transaction
12,232.103 units
Total stock units directly held after grant
Conversion ratio
1-for-1
Each stock unit convertible into one common share
Transaction price per unit
$0.0000
Compensation award, not an open-market purchase
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, dividend equivalent, Board of Directors
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."
dividend equivalent financial
"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.
Board of Directors financial
"or the date the participant ceases to be a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.