Director Terrell K. Crews granted stock units at ADM (NYSE: ADM)
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director Terrell K. Crews received 878.057 stock units as a compensation award. The grant was made at a price of $0.00 per unit under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and represents a 1-for-1 right to receive common stock.
Following this award, Crews holds a total of 68,111.266 stock units directly. The units generally convert into common stock at a future date tied to board service or a specified deferral period, making this a routine, non-cash equity compensation event rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insights
Routine equity grant increases director’s deferred stock-based compensation.
Director Terrell K. Crews received 878.057 stock units at $0.00 per unit as part of Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors. Each unit is convertible into one share of common stock, making this a straightforward stock-based compensation award.
The filing shows total direct holdings of 68,111.266 stock units after the grant, indicating the new award is a small addition to an existing deferred equity position. No open-market buying or selling is involved, so the transaction primarily reflects standard board compensation rather than a directional signal about ADM shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 878.057 | $0.00 | -- |
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.