STOCK TITAN

Archer-Daniels-Midland director adds 121 stock units

Archer-Daniels-Midland Co (ADM) director Michael S. Burke was credited with 121.2 stock units on September 9, 2026 under the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors’ dividend equivalent reinvestment feature.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Michael S. Burke was credited with 121.2 stock units on September 9, 2026 under the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors’ dividend equivalent reinvestment feature. These stock units convert into common stock on a 1-for-1 basis. Following this credit, Burke holds 20,144.212 stock units directly.

The stock units are generally scheduled to be paid at 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 Burke ceases to be a member of the Board of Directors, as provided by the plan.

Positive

  • None.

Negative

  • None.
Insider Burke Michael S
Role Director
Type Security Shares Price Value
Grant/Award Stock Units F1, F2, F3 121.2 $0.00 $0.00
Holdings After Transaction: Stock Units — 20,144.212 contracts (Direct)
Footnotes (3)
  1. F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
  2. F2. Conversion or exercise price of Derivative Security is 1-for-1.
  3. F3. The earlier of (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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.
Stock units acquired 121.2 stock units Credited on September 9, 2026 under dividend equivalent reinvestment
Stock units held after transaction 20,144.212 stock units Direct holdings following the reported grant/credit
Conversion rate 1-for-1 into common stock Conversion or exercise price of the derivative security
Deferral period 5 years Earliest scheduled payment is five years after end of the relevant calendar year, unless Board service ends earlier
Stock Units financial
"Represents stock units credited under the dividend equivalent reinvestment provision"
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
"credited under the dividend equivalent reinvestment provision of the ... Stock Unit Plan"
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 Stock Unit Plan for Nonemployee Directors"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ADM director Michael S. Burke report in this Form 4 for ADM stock?

He reported an acquisition of 121.2 stock units on September 9, 2026, credited under Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors through its dividend equivalent reinvestment provision.

How many ADM stock units does Michael S. Burke hold after this transaction?

After the September 9, 2026 credit, Michael S. Burke directly holds 20,144.212 stock units under Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors.

What is the conversion rate of Burke’s ADM stock units into common stock?

Each stock unit converts into Archer-Daniels-Midland common stock on a 1-for-1 basis, as disclosed in the footnote describing the conversion or exercise price of the derivative security.

When are Michael S. Burke’s ADM stock units scheduled to be paid out?

The stock units are generally payable 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 he ceases to be a member of ADM’s Board of Directors.

Was this ADM Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and there is no footnote stating that the September 9, 2026 stock unit credit was made under a Rule 10b5-1 or similar trading arrangement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Burke Michael S

(Last)(First)(Middle)
77 WEST WACKER DRIVE
SUITE 4600

(Street)
CHICAGO ILLINOIS 60601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)$0.0000(2)09/09/2026A121.2 (3) (3)Common Stock121.2$0.000020,144.212D
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 (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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-Fact09/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Keep reading