Archer-Daniels-Midland director awarded 184 units
Archer-Daniels-Midland Co (ADM) director Debra A. Sandler reported an automatic acquisition of 183.75 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors.
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Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Co (ADM) director Debra A. Sandler reported an automatic acquisition of 183.75 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors. These units are credited as dividend equivalents and are convertible into an equal number of common shares on settlement.
Insider Trade Summary
Grant/Award: 183.75 shares
Grant/Award
1 txn
Insider
Sandler Debra A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1, F2, F3 | 183.75 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 30,540.579 contracts (Direct)
Holdings Before and After:
Stock Units, 30,356.829 to 30,540.579 contracts (Direct)
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 (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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 acquired: 183.75 stock units
Stock units held after transaction: 30,540.579 stock units
Conversion rate: 1 stock unit for 1 share of common stock
+2 more
5 metrics
Stock units acquired
183.75 stock units
Grant credited on September 9, 2026 as dividend-equivalent reinvestment
Stock units held after transaction
30,540.579 stock units
Total direct holdings of Debra A. Sandler following the reported grant
Conversion rate
1 stock unit for 1 share of common stock
Conversion or exercise price of derivative security is 1-for-1
Transaction price per stock unit
$0.00 per stock unit
Reported price per unit for the September 9, 2026 grant
Rule 10b5-1 plan status
No Rule 10b5-1 plan affirmed
Document-level 10b5-1 checkbox is false for this Form 4
Key Terms
Stock Units, dividend equivalent reinvestment, Derivative Security, Stock Unit Plan for Nonemployee Directors
4 terms
Stock Units financial
"Represents stock units credited under the dividend equivalent reinvestment provision"
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
"credited under the dividend equivalent reinvestment provision of the ... Plan"
Derivative Security financial
"Conversion or exercise price of Derivative Security is 1-for-1"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Stock Unit Plan for Nonemployee Directors financial
"Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM director Debra A. Sandler report?
Debra A. Sandler reported an automatic grant of 183.75 stock units on September 9, 2026, credited under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors as dividend-equivalent reinvestments.
How many ADM stock units does Debra A. Sandler hold after this Form 4 transaction?
After the September 9, 2026 transaction, Debra A. Sandler holds a total of 30,540.579 stock units directly under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors.
What is the conversion rate of Debra A. Sandler’s ADM stock units into common stock?
Each stock unit converts into 1 share of ADM common stock, according to the filing, which states a conversion or exercise price of 1-for-1 for the derivative security.
Were Debra A. Sandler’s ADM stock unit credits made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan applies to this transaction; the document-level 10b5-1 checkbox is marked false.
What is the nature of the ADM stock units reported for Debra A. Sandler?
The reported stock units represent amounts credited under the dividend equivalent reinvestment provision of Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors, rather than cash purchases on the open market.
When do Debra A. Sandler’s ADM stock units generally settle?
The stock units settle on the earlier of five years after the end of the calendar year in which they are awarded or credited as dividend equivalents, or the date she ceases to be a board member, subject to the terms of the plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
