[Form 4] Archer-Daniels-Midland Co Insider Trading Activity

Rhea-AI Filing Summary

Debra A. Sandler, a director of Archer-Daniels-Midland Company (ADM), was granted 251.04 stock units on 09/10/2025 under the company\'s Stock Unit Plan for Nonemployee Directors. Each stock unit converts 1-for-1 into common stock and the reported transaction increased Sandler\'s direct beneficial ownership to 30,230.979 shares. The grant\'s settlement or vesting is governed by the plan and occurs at the earlier of five years after the end of the calendar year containing the awarded quarter, the year a unit is credited as a dividend equivalent, or the date the participant ceases board service, as may be extended under the plan.

Positive

• Director Debra A. Sandler received 251.04 stock units under the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
• Each stock unit converts 1-for-1 into common stock, clarifying the ultimate share impact of the grant.
• Filing discloses direct beneficial ownership updated to 30,230.979 shares, providing transparency on insider holdings.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received equity-based compensation aligning incentives with shareholders; grant terms follow the nonemployee director plan.

The filing shows a routine equity award to a nonemployee director under the company\'s established Stock Unit Plan. The grant of 251.04 stock units converts 1-for-1 into common stock and is subject to timing provisions tied to board service and plan rules. From a governance perspective, such awards are typical means to compensate and retain independent directors and tie their interests to long-term shareholder value. The filing is informational and does not indicate any sale or disposition.

Securities Analyst

TL;DR: Form 4 reports a noncash equity grant; ownership updated to 30,230.979 shares, no cash proceeds or disposals reported.

The report documents a derivative security grant (stock units) rather than a purchase or sale. The conversion is 1-for-1 to common stock and the filing specifies the vesting/settlement timeline defined by the plan. This is a standard disclosure required by Section 16 to update beneficial ownership following an award; it does not reflect market transactions that would affect float or liquidity immediately.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Sandler Debra A.

(Last) (First) (Middle)

77 WEST WACKER DRIVE

SUITE 4600

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Stock Units(1)	$0.0000(2)	09/10/2025		A		251.04		(3)	(3)	Common Stock	251.04	$0.0000	30,230.979	D

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-Fact	09/10/2025
	** 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.

FAQ

What did Debra A. Sandler report on the Form 4 for ADM?

The Form 4 reports a grant of 251.04 stock units to Debra A. Sandler on 09/10/2025 under ADM\\'s Stock Unit Plan for Nonemployee Directors.

How do the stock units reported convert to ADM common stock?

The filing states the conversion or exercise price is 1-for-1, so each stock unit converts into one share of common stock.

What is Debra Sandler\\'s beneficial ownership after the reported transaction?

Following the reported transaction, Debra A. Sandler beneficially owns 30,230.979 shares directly.

When do the granted stock units become payable or vest according to the filing?

Settlement/vesting occurs at the earlier of: five years after the end of the calendar year that includes the awarded quarter; the year a unit is credited as a dividend equivalent; or the date the participant ceases board service, as may be extended under the plan.

Was the Form 4 filed by one reporting person or multiple?

The Form indicates one reporting person filed the form.