[Form 4] Archer-Daniels-Midland Co Insider Trading Activity

Rhea-AI Filing Summary

David R. McAtee II, a director of Archer-Daniels-Midland Company (ADM), was granted 852.249 stock units on 10/01/2025 under the company’s Stock Unit Plan for Nonemployee Directors. Each stock unit converts 1-for-1 into common stock and carries a conversion price of $0.0000. After this award, Mr. McAtee beneficially owns 3,620.313 shares of ADM common stock. The award’s vesting/settlement timing is the earlier of five years after the calendar year that includes the awarded quarter, the date the unit is credited as a dividend equivalent, or the date the director leaves the Board, subject to the plan’s terms. The Form 4 was signed on 10/02/2025 by Dana Ng, attorney-in-fact.

Positive

• 852.249 stock units granted to a nonemployee director on 10/01/2025
• Director's reported beneficial ownership increased to 3,620.313 shares
• Award granted under the Stock Unit Plan for Nonemployee Directors, with explicit settlement terms

Negative

• None.

Insights

Corporate Governance Expert

Director received deferred stock units, increasing reported ownership.

The filing shows a nonemployee director, David R. McAtee II, was awarded 852.249 stock units on 10/01/2025, bringing his total beneficial ownership to 3,620.313 shares. The units convert 1-for-1 and carry a $0.0000 conversion price, indicating they are stock-settled awards rather than option-based compensation.

This is a routine director equity grant under the Stock Unit Plan for Nonemployee Directors, and the settlement timing is tied to specified deferral/tenure milestones in the plan.

Compensation & Disclosure Expert

Award is deferred with explicit settlement timing and plan reference.

The Form 4 notes the units are granted pursuant to the company’s Stock Unit Plan for Nonemployee Directors and settle based on the earlier of a five-year timing rule, dividend-equivalent crediting, or board departure. This clarifies the award’s vesting/settlement window without specifying exact payout dates.

The filing documents the transaction code A (acquisition) and records 3,620.313 shares as beneficially owned post-transaction, providing a clear ownership update for disclosure purposes.

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).

1. Name and Address of Reporting Person^*

McAtee David R II

(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)
10/01/2025

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)	10/01/2025		A		852.249		(3)	(3)	Common Stock	852.249	$0.0000	3,620.313	D

Explanation of Responses:

1. Granted pursuant to Archer-Daniels-Midland Company's 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	10/02/2025
	** 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 did ADM director David R. McAtee II receive on 10/01/2025?

He was granted 852.249 stock units under ADM’s Stock Unit Plan for Nonemployee Directors.

How many ADM shares does David R. McAtee II beneficially own after the grant?

Following the reported transaction he beneficially owns 3,620.313 shares of ADM common stock.

What is the conversion price and conversion ratio for the awarded units?

The units convert 1-for-1 into common stock and the conversion price is listed as $0.0000.

When will the awarded stock units settle or become payable?

Settlement is the earlier of: the date five years after the calendar year including the awarded quarter, the date the unit is credited as a dividend equivalent, or the date the director ceases Board service, per the plan.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Dana Ng, Attorney-in-Fact on 10/02/2025.