Dividend equivalents add 427 stock units to ADM (NYSE: ADM) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CREWS TERRELL K reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland Co director Terrell K. Crews was credited with 427.117 stock units on June 10, 2026. These units were added at a price of $0.00 under the dividend equivalent reinvestment feature of the company’s Stock Unit Plan for Nonemployee Directors and are convertible into the same number of common shares on a 1-for-1 basis. Following this award, Crews holds a total of 67,233.209 stock units, which are generally payable after a deferral period or when he leaves the board, consistent with the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CREWS TERRELL K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 427.117 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 67,233.209 shares (Direct, null)
Footnotes (1)
- Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company 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 awarded: 427.117 units
Award price per unit: $0.00 per unit
Total stock units after award: 67,233.209 units
+1 more
4 metrics
Stock units awarded
427.117 units
Dividend equivalent credit on June 10, 2026
Award price per unit
$0.00 per unit
Non-cash compensation credit
Total stock units after award
67,233.209 units
Holdings following June 10, 2026 transaction
Conversion ratio
1-for-1
Each stock unit converts into one common share
Key Terms
Stock Units, dividend equivalent reinvestment, Derivative Security, Stock Unit Plan for Nonemployee Directors
4 terms
Stock Units financial
"Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company 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.
dividend equivalent reinvestment financial
"Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors."
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.
Stock Unit Plan for Nonemployee Directors financial
"Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
FAQ
What insider transaction did ADM director Terrell K. Crews report on this Form 4?
Terrell K. Crews reported receiving 427.117 stock units as a compensation-related award. The units were credited as dividend equivalents under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors, rather than through an open-market purchase.
How many ADM stock units does Terrell K. Crews hold after this Form 4 transaction?
After the latest award, Terrell K. Crews holds 67,233.209 stock units. This total reflects his accumulated nonemployee director compensation in stock units, including the 427.117 units credited as dividend equivalents on June 10, 2026.
Was cash paid for the 427.117 ADM stock units reported on this Form 4?
No cash was paid for these 427.117 stock units; the reported price is $0.00 per unit. They were credited automatically as dividend equivalents under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors.
What does 1-for-1 conversion mean for the ADM stock units reported by Terrell K. Crews?
A 1-for-1 conversion means each stock unit is tied to one ADM common share. When the stock units are ultimately settled under the plan, they convert into an equal number of common shares, subject to the plan’s timing rules.
When will the ADM stock units credited to Terrell K. Crews generally be paid out?
The stock units are generally payable at the earlier of a specified deferral period or when Crews ceases to serve on the board. This timing follows the terms of Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors.