ADM director granted 715.519 stock units
Archer-Daniels-Midland Co director Michael C. McMurray reported a grant of 715.519 stock units on Common Stock-equivalent terms.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 715.519 | $0.00 | $0.00 |
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
Key Terms
Stock Units financial
Derivative Security financial
Stock Unit Plan for Nonemployee Directors financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADM director Michael C. McMurray report?
How many Archer-Daniels-Midland (ADM) stock units does McMurray hold after this Form 4?
What are the key terms of McMurray’s ADM stock unit award?
How do McMurray’s ADM stock units convert into Common Stock?
When are ADM stock units granted to McMurray generally payable?
AI-generated analysis. How Rhea-AI works. Not financial advice.