ADM director receives stock unit award
MOORE PATRICK J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MOORE PATRICK J reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland director Patrick J. Moore received 641.7040 stock units on Common Stock as a grant under the company’s Stock Unit Plan for Nonemployee Directors. These units were credited through the plan’s dividend equivalent reinvestment feature and increase his direct holdings to 101012.1340 stock units.
Each stock unit is convertible into Common Stock on a 1-for-1 basis. Payout generally occurs on the earlier of five years after the year in which the units are credited or when Moore leaves the Board, in line with the plan’s terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 641.704 | $0.00 | $0.00 |
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 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.
Key Figures
Key Terms
Stock Unit Plan for Nonemployee Directors financial
dividend equivalent reinvestment financial
stock units financial
Derivative Security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM director Patrick J. Moore report on Form 4?
How many Archer-Daniels-Midland (ADM) stock units does Patrick J. Moore now hold?
What is the conversion rate of Patrick J. Moore’s ADM stock units into Common Stock?
How were the new ADM stock units for Patrick J. Moore generated?
When will Patrick J. Moore’s ADM stock units generally be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.