Archer-Daniels-Midland (ADM) director adds 174.009 stock units

Rhea-AI Filing Summary

Archer-Daniels-Midland Company reported that one of its directors was credited with 174.009 stock units on 12/11/2025 under the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors. These units were issued as dividend equivalents, have a 1-for-1 conversion rate into common stock, and carry an exercise price of $0.0000 per unit. Following this transaction, the director beneficially owns 20,369.425 stock units. Under the plan, the units generally become payable at the earlier of five years after the end of the relevant calendar year or when the director ceases to be a member of the Board of Directors, subject to the plan’s terms.

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

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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)
12/11/2025

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)	12/11/2025		A		174.009		(3)	(3)	Common Stock	174.009	$0.0000	20,369.425	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	12/11/2025
	** 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 insider transaction did Archer-Daniels-Midland (ADM) report in this Form 4?

A director of Archer-Daniels-Midland Company (ADM) was credited with 174.009 stock units on 12/11/2025 under the company’s Stock Unit Plan for Nonemployee Directors, representing dividend equivalent reinvestments.

How many ADM stock units does the director now beneficially own?

After the reported transaction, the director beneficially owns 20,369.425 stock units linked to Archer-Daniels-Midland common stock.

What are the key terms of the ADM stock units received by the director?

The reported stock units convert into ADM common stock on a 1-for-1 basis and have an exercise price of $0.0000, meaning no cash payment is required to receive the underlying shares.

When do the ADM stock units generally become payable to the director?

According to the plan description, the stock units generally become payable at the earlier of five years after the end of the calendar year that includes the relevant quarter or the date the participant ceases to be a member of the Board of Directors, as provided under the plan.

What plan governs the stock units reported in this ADM Form 4?

The units were credited under the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors, specifically through its dividend equivalent reinvestment provision.

Are the reported ADM stock units classified as derivative securities?

Yes. The filing classifies the stock units as derivative securities, each representing the right to receive one share of ADM common stock under specified conditions.