ADM (ADM) director Lei Zhang Schlitz awarded 124.811 stock units

Rhea-AI Filing Summary

Archer-Daniels-Midland Co director Lei Zhang Schlitz received 124.811 stock units credited as dividend equivalents under the company’s Stock Unit Plan for Nonemployee Directors. These derivative stock units convert into an equal number of common shares on a 1-for-1 basis.

After this grant, Schlitz holds a total of 16,558.974 stock units directly. The units are scheduled to be settled in common stock on the earlier of a plan-based future date tied to the award calendar year or when Schlitz ceases to serve on the Board of Directors, subject to the plan’s terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schlitz Lei Zhang

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units	124.811	$0.00	--

Holdings After Transaction: Stock Units — 16,558.974 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Schlitz Lei Zhang

(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)
03/10/2026

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)	03/10/2026		A		124.811		(3)	(3)	Common Stock	124.811	$0.0000	16,558.974	D

Explanation of Responses:

1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company 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	03/12/2026
	** 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 insider transaction did ADM director Lei Zhang Schlitz report on this Form 4?

Lei Zhang Schlitz reported receiving 124.811 stock units credited as dividend equivalents under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors. These are compensation-related derivative units, not open-market share purchases or sales, and increase the director’s deferred equity-based holdings.

How many Archer-Daniels-Midland stock units does Lei Zhang Schlitz hold after this transaction?

Following the transaction, Lei Zhang Schlitz directly holds 16,558.974 stock units. This total includes the newly credited 124.811 units and represents deferred equity that is designed to be settled in Archer-Daniels-Midland common stock according to the plan’s distribution schedule and conditions.

What are the terms of the ADM stock units granted to Lei Zhang Schlitz?

The stock units convert into Archer-Daniels-Midland common stock at a 1-for-1 rate. They are credited as dividend equivalents and will generally be settled on the earlier of a specified future date tied to the award year or when Schlitz leaves the Board, under the plan’s terms.

Is Lei Zhang Schlitz’s Form 4 transaction a market purchase or sale of ADM shares?

No, this Form 4 shows a grant of 124.811 stock units, not a market trade. The units were credited as dividend equivalents under the nonemployee director stock unit plan, making this a routine compensation-related acquisition instead of an open-market buy or sell transaction.

How are dividend equivalents reflected in Lei Zhang Schlitz’s ADM stock unit holdings?

Dividend equivalents are credited as additional stock units under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors. In this filing, 124.811 stock units were added to Lei Zhang Schlitz’s account, reflecting reinvested dividend equivalents rather than cash payouts to the director.

When will Lei Zhang Schlitz’s ADM stock units generally be paid out as common stock?

The stock units are generally distributed as common stock on the earlier of five years after the end of the calendar year including the award or credit quarter, or when Schlitz ceases being a director, with timing subject to the specific terms of the stock unit plan.