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

Rhea-AI Filing Summary

Archer-Daniels-Midland Co. (ADM) reported a grant of 79.802 stock units under its Stock Unit Plan for Nonemployee Directors to James C. Collins Jr., a director. The derivative units convert 1-for-1 into common stock and were granted with a transaction date of 09/10/2025.

Following the award, Mr. Collins beneficially owns 9,610.086 shares of ADM common stock (direct ownership). The stock units vest or convert under the plan rules, which generally provide conversion at the earlier of a multi-year schedule tied to board service or five years after the award, or upon cessation of board service, as described in the plan language included in the filing.

Insights

Corporate Governance Expert

TL;DR: Director received a modest equity grant of 79.802 stock units, increasing reported beneficial ownership to 9,610.086 shares.

The Form 4 discloses a routine non-employee director equity award under the company's Stock Unit Plan for Nonemployee Directors. The units convert 1-for-1 into common stock and are subject to the plan's timing rules, including conversion no later than five years after the award or upon cessation of board service. This is a standard governance practice to compensate and retain directors and to align their interests with shareholders. The disclosed transaction is small relative to total outstanding shares and does not indicate any unusual corporate control or liquidity event.

Securities Analyst

TL;DR: Transaction is a routine director award; impact on equity base is immaterial based on disclosed amounts.

The filing shows an award of 79.802 stock units on 09/10/2025 and reports direct beneficial ownership of 9,610.086 shares after the grant. The derivative awards convert 1-for-1 and follow the plan's conversion/vesting timeline. There is no indication of cash purchase, disposition, or exercise price beyond the 1-for-1 conversion. Given the small number of units reported, this disclosure appears routine and not material to ADM's capitalization or near-term financials.

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^*

Collins James C. Jr.

(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)
09/10/2025

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)	09/10/2025		A		79.802		(3)	(3)	Common Stock	79.802	$0.0000	9,610.086	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	09/10/2025
	** 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.
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FAQ

What transaction did James C. Collins Jr. report on ADM Form 4?

He reported a grant of 79.802 stock units under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors on 09/10/2025.

How do the stock units reported on ADM Form 4 convert to shares?

The filing states the derivative security conversion or exercise price is 1-for-1, meaning each unit converts into one share of common stock.

How many ADM shares does the reporting person beneficially own after the transaction?

Following the reported transaction, the reporting person beneficially owns 9,610.086 shares of ADM common stock.

What plan governs the awarded stock units in the ADM Form 4?

The award was granted pursuant to the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors as stated in the filing.

When will the awarded stock units convert or vest according to the filing?

The filing explains conversion occurs at the earlier of: the date five years after the end of the calendar year including the quarter for which the unit is awarded, the date such unit is credited as a dividend equivalent, or the date the participant ceases board service, subject to plan terms.