ADM director granted 715 stock units
Archer-Daniels-Midland Co director Lei Zhang Schlitz received a grant of 715.519 stock units as compensation.
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Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director Lei Zhang Schlitz received a grant of 715.519 stock units as compensation. These stock units were granted at a price of $0.0000 per unit under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and are convertible into an equal number of shares of common stock on a 1-for-1 basis.
After this award, Schlitz holds a total of 18,091.873 stock units directly. The stock units generally convert on the earlier of a long-term deferral schedule tied to the award date or the date the director ceases to serve on the Board of Directors, as provided under the plan.
Insider Trade Summary
Grant/Award: 715.519 shares
Grant/Award
1 txn
Insider
Schlitz Lei Zhang
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 715.519 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 18,091.873 contracts (Direct)
Footnotes (3)
- F1. Granted pursuant to Archer-Daniels-Midland Company's 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
Stock units granted: 715.519 stock units
Total stock units after grant: 18,091.873 stock units
Grant price per unit: $0.0000 per unit
+1 more
4 metrics
Stock units granted
715.519 stock units
Grant to nonemployee director on 2026-07-01
Total stock units after grant
18,091.873 stock units
Director’s direct holdings following transaction
Grant price per unit
$0.0000 per unit
Equity compensation award, non-cash
Conversion ratio
1-for-1 into common stock
Derivative security conversion terms
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, dividend equivalent, Board of Directors
4 terms
Stock Units financial
"security_title: "Stock Units""
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.
Stock Unit Plan for Nonemployee Directors financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
dividend equivalent financial
"credited to the participant as a dividend equivalent, or the date the participant ceases"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
Board of Directors financial
"or the date the participant ceases to be a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM director Lei Zhang Schlitz report on this Form 4?
Lei Zhang Schlitz reported receiving a grant of 715.519 stock units as compensation. These were awarded under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and convert into an equal number of common shares on a 1-for-1 basis.
How many ADM stock units does Lei Zhang Schlitz hold after this reported grant?
After the reported grant, Lei Zhang Schlitz holds a total of 18,091.873 stock units. This figure reflects her direct holdings in the company’s stock unit program for nonemployee directors, including the newly granted 715.519 units disclosed in this Form 4 filing.
What is the conversion ratio for the ADM stock units granted to Lei Zhang Schlitz?
The stock units granted to Lei Zhang Schlitz convert into Archer-Daniels-Midland common stock on a 1-for-1 basis. Each stock unit represents one share of common stock upon conversion, according to the Form 4 footnote describing the derivative security’s conversion terms.
Under which plan were ADM stock units granted to director Lei Zhang Schlitz?
The stock units were granted under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors. This plan provides equity-based compensation to outside directors, and the Form 4 notes that the 715.519 units were awarded pursuant to this specific stock unit plan.
When do the ADM stock units granted to Lei Zhang Schlitz generally become payable or convert?
The stock units generally become payable on the earlier of a long-term deferral date or when the director leaves the Board. The footnote explains that payment timing is tied to the calendar year and quarter of the award or dividend equivalent credit, or board service ending.
AI-generated analysis. How Rhea-AI works. Not financial advice.
