Archer-Daniels-Midland director granted 109.510 units
Archer-Daniels-Midland Co (ADM) reported that director Lei Zhang Schlitz acquired 109.510 stock units on September 9, 2026 as a grant or award under the company’s Stock Unit Plan for Nonemployee Directors.
Rhea-AI Filing Summary
Archer-Daniels-Midland Co (ADM) reported that director Lei Zhang Schlitz acquired 109.510 stock units on September 9, 2026 as a grant or award under the company’s Stock Unit Plan for Nonemployee Directors. These units are credited as dividend equivalents, are convertible into common stock on a 1-for-1 basis, and bring her total direct stock unit holdings to 18,201.383. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 109.51 shares
Grant/Award
1 txn
Insider
Schlitz Lei Zhang
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1, F2, F3 | 109.51 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 18,201.383 contracts (Direct)
Footnotes (3)
- F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
- F2. Conversion or exercise price of Derivative Security is 1-for-1.
- 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.
Key Figures
Stock units acquired: 109.510 stock units
Stock units held after transaction: 18,201.383 stock units
Conversion rate of derivative security: 1-for-1 into common stock
+2 more
5 metrics
Stock units acquired
109.510 stock units
Grant/award credited as dividend equivalents on September 9, 2026
Stock units held after transaction
18,201.383 stock units
Total direct holdings of Lei Zhang Schlitz following the reported transaction
Conversion rate of derivative security
1-for-1 into common stock
Each stock unit is convertible into one share of ADM common stock
Transaction price per stock unit
$0.00 per unit
Reported price field for the grant or award of stock units
Rule 10b5-1 plan status
No Rule 10b5-1 plan reported
Affirmative checkbox for Rule 10b5-1 trading plan is not selected
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"
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 ... 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
"provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM report for Lei Zhang Schlitz?
ADM reported that director Lei Zhang Schlitz acquired 109.510 stock units on September 9, 2026 as a grant or award credited as dividend equivalents under the Stock Unit Plan for Nonemployee Directors.
How many ADM stock units does Lei Zhang Schlitz hold after this Form 4 transaction?
After this transaction, Lei Zhang Schlitz holds a total of 18,201.383 stock units directly, according to the Form 4 filing for Archer-Daniels-Midland Co (ADM).
What is the conversion rate of the ADM stock units reported in this Form 4?
The filing states that the conversion or exercise price of the derivative security is 1-for-1, meaning each stock unit is convertible into one share of ADM common stock upon settlement.
Were the ADM stock units granted to Lei Zhang Schlitz part of dividend equivalent reinvestment?
Yes. A footnote explains that the 109.510 stock units represent credits under the dividend equivalent reinvestment provision of Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors.
Does this ADM Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is not selected, and no footnote describes this transaction as made under a Rule 10b5-1 or other pre-arranged trading plan.
When do the ADM stock units credited to Lei Zhang Schlitz generally settle?
A footnote states the stock units generally settle on the earlier of five years after the end of the calendar year in which they are awarded or credited as dividend equivalents, or when the participant ceases to be a member of the Board of Directors, subject to the plan’s terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
