ADM (NYSE: ADM) director adds 121.933 stock units via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Company director Michael S. Burke received an automatic credit of 121.933 stock units on June 10, 2026. These units were added under the dividend equivalent reinvestment feature of ADM’s Stock Unit Plan for Nonemployee Directors and convert 1-for-1 into common shares.
After this grant, Burke holds a total of 19,193.716 stock units linked to ADM common stock. The units are generally payable at a future date based on plan terms, such as several years after award or when he leaves the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burke Michael S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 121.933 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 19,193.716 shares (Direct, null)
Footnotes (1)
- Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors. Conversion or exercise price of Derivative Security is 1-for-1. 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
Stock units granted: 121.933 stock units
Total stock units after transaction: 19,193.716 stock units
Exercise price: $0.0000 per unit
+1 more
4 metrics
Stock units granted
121.933 stock units
Dividend equivalent credit on June 10, 2026
Total stock units after transaction
19,193.716 stock units
Holdings following June 10, 2026 grant
Exercise price
$0.0000 per unit
Stock units credited under director plan
Conversion ratio
1-for-1
Stock units into ADM common stock
Key Terms
Stock Units, dividend equivalent reinvestment, Stock Unit Plan for Nonemployee Directors, 1-for-1
4 terms
Stock Units financial
"Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors."
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
"Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors."
Stock Unit Plan for Nonemployee Directors financial
"Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors."
1-for-1 financial
"Conversion or exercise price of Derivative Security is 1-for-1."
FAQ
What insider transaction did ADM director Michael S. Burke report on this Form 4 for ADM?
Michael S. Burke reported receiving 121.933 stock units tied to Archer-Daniels-Midland common stock. The units were credited automatically as dividend equivalents under ADM’s Stock Unit Plan for Nonemployee Directors and increase his total stock unit holdings to 19,193.716.
How many ADM stock units does Michael S. Burke hold after the latest Form 4 filing?
After the latest transaction, Michael S. Burke holds 19,193.716 Archer-Daniels-Midland stock units. These are bookkeeping entries under the company’s Stock Unit Plan for Nonemployee Directors and are linked 1-for-1 to ADM common stock for future settlement in shares or cash.
What does the dividend equivalent reinvestment provision mean in ADM’s stock unit plan?
The dividend equivalent reinvestment provision credits additional stock units when ADM pays dividends, mirroring what reinvested dividends would buy. For Michael S. Burke, this provision added 121.933 stock units, recorded as a grant with no cash changing hands at the time of crediting.