Archer-Daniels-Midland (NYSE: ADM) grants 715.519 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director Michael C. McMurray reported a grant of 715.519 stock units on Common Stock-equivalent terms. The award was granted at a price of $0.00 per unit under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
Each stock unit converts into one share of Common Stock on a 1-for-1 basis. After this grant, McMurray directly holds a total of 897.350 stock units, which are generally payable at the earlier of a long-term deferral date specified in the plan or when he leaves the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McMurray Michael C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 715.519 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 897.35 shares (Direct, null)
Footnotes (1)
- Granted pursuant to Archer-Daniels-Midland Company's 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: 715.519 stock units
Units held after grant: 897.350 stock units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Stock units granted
715.519 stock units
Grant to Michael C. McMurray on 2026-07-01
Units held after grant
897.350 stock units
Total directly held by McMurray after transaction
Grant price per unit
$0.00 per unit
Director compensation award
Conversion ratio
1-for-1 into Common Stock
Derivative security conversion terms
Key Terms
Stock Units, Derivative Security, Stock Unit Plan for Nonemployee Directors, Common Stock
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.
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
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ADM director Michael C. McMurray report?
Michael C. McMurray reported receiving 715.519 stock units in Archer-Daniels-Midland Co as a compensation grant. The award was priced at $0.00 per unit and increases his directly held stock units to 897.350 under the company’s nonemployee director stock unit plan.
How many Archer-Daniels-Midland (ADM) stock units does McMurray hold after this Form 4?
After this Form 4 transaction, Michael C. McMurray holds 897.350 stock units tied to Archer-Daniels-Midland Common Stock. This figure reflects his position following the 715.519-unit grant reported as a director compensation award under the company’s Stock Unit Plan for Nonemployee Directors.
What are the key terms of McMurray’s ADM stock unit award?
McMurray’s award consists of 715.519 stock units with a $0.00 grant price, each convertible into one share of Archer-Daniels-Midland Common Stock. The units were granted under the Stock Unit Plan for Nonemployee Directors, which governs timing and conditions for payout or settlement of the units.
How do McMurray’s ADM stock units convert into Common Stock?
Each stock unit granted to Michael C. McMurray converts into Archer-Daniels-Midland Common Stock on a 1-for-1 basis. This means 715.519 stock units correspond to 715.519 underlying shares, with conversion and payout timing governed by the nonemployee director stock unit plan’s deferral provisions.
When are ADM stock units granted to McMurray generally payable?
The stock units are generally payable at the earlier of two events: five years after the end of the calendar year that includes the relevant award or dividend credit, or the date McMurray ceases to be a Board member, subject to further extensions allowed under the stock unit plan’s terms.