Archer‑Daniels‑Midland director receives 956.182 stock units under director plan
Rhea-AI Filing Summary
Patrick J. Moore, a director of Archer-Daniels-Midland Company (ADM), received an award of 956.182 stock units under the company's Stock Unit Plan for Nonemployee Directors with a transaction date of 10/01/2025. Each unit converts 1-for-1 into common stock and the filing reports 96,997.138 shares beneficially owned by Mr. Moore following the award. The grant is described as subject to vesting rules defined by the plan: the units vest on the earlier of (a) five years after the end of the calendar year that includes the quarter for which the unit is awarded, (b) the date the unit is credited as a dividend equivalent, or (c) the date the participant ceases to be a board member, with possible extension per plan terms. The Form 4 was signed on 10/02/2025 by Dana Ng, Attorney-in-Fact.
Positive
- None.
Negative
- None.
Insights
Director received 956.182 stock units; award follows standard nonemployee director plan.
The filing documents a routine director compensation grant under ADM's Stock Unit Plan for Nonemployee Directors: 956.182 stock units were awarded on 10/01/2025 and convert 1-for-1 into common shares. This increases reported beneficial ownership to 96,997.138 shares.
The award's vesting schedule is plan‑driven and not immediate: units vest at the earlier of the specified five‑year timing, crediting as dividend equivalents, or board departure, which affects near‑term share liquidity and voting power.
Monitorable item: vesting timing is governed by the plan's earlier‑of conditions and may affect share delivery timing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 956.182 | $0.00 | -- |
Footnotes (1)
- Granted pursuant to Archer-Daniels-Midland Company's 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.