ADM director granted 180.676 stock units
McMurray Michael C. reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
McMurray Michael C. reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland Co director Michael C. McMurray received a grant of 180.676 stock units as compensation under the company’s Stock Unit Plan for Nonemployee Directors. Each unit is convertible into one share of common stock at a price of $0.00 per share.
The stock units are scheduled to be settled on the earlier of five years after the end of the calendar year in which the units are awarded or credited as dividend equivalents, or when McMurray ceases to serve on the Board, as provided by the plan. Following this grant, he holds 180.676 stock units directly.
Insider Trade Summary
Grant/Award: 180.676 shares
Grant/Award
1 txn
Insider
McMurray Michael C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 180.676 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 180.676 contracts (Direct)
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
Stock units granted: 180.676 units
Exercise price: $0.00 per unit
Units after transaction: 180.676 units
+1 more
4 metrics
Stock units granted
180.676 units
Grant to nonemployee director on 2026-04-01
Exercise price
$0.00 per unit
Conversion or exercise price of derivative security
Units after transaction
180.676 units
Total stock units held following grant
Conversion ratio
1-for-1
Each stock unit convertible into one share of common stock
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, dividend equivalent, Derivative Security
4 terms
Stock Units financial
"security_title: "Stock Units" and underlying_security_title: "Common Stock""
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
"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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ADM director Michael C. McMurray report on his Form 4?
Michael C. McMurray reported receiving a grant of 180.676 stock units from Archer-Daniels-Midland Co as director compensation. These stock units are tied to ADM common stock and were issued with a $0.00 exercise price under the company’s plan.
How many Archer-Daniels-Midland (ADM) stock units were granted to the director?
The director received 180.676 stock units. Each stock unit represents the right to receive one share of ADM common stock in the future, subject to the settlement conditions described in the company’s Stock Unit Plan for Nonemployee Directors.
What is the conversion ratio for the ADM stock units granted to the director?
The granted stock units convert to ADM common stock on a 1-for-1 basis. That means each of the 180.676 stock units can be settled into one share of Archer-Daniels-Midland Co common stock under the terms of the plan.
When will Michael C. McMurray’s ADM stock units be settled or paid out?
The stock units will be settled on the earlier of five years after the end of the calendar year in which they are awarded or credited as dividend equivalents, or when he ceases to be a director, in accordance with the plan terms.
What is the exercise price of the ADM stock units granted to the director?
The stock units were granted with an exercise or conversion price of $0.00 per unit. This means McMurray does not pay additional cash to receive ADM common shares when the stock units are settled under the plan.
How many ADM stock units does the director hold after this Form 4 transaction?
After this transaction, Michael C. McMurray directly holds 180.676 stock units. This total reflects the new grant reported and shows his outstanding stock unit position under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
