ADM (NYSE: ADM) director awarded 706.994 stock units as equity pay
Rhea-AI Filing Summary
de Brabander Ellen reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland Co director Ellen de Brabander received a grant of 706.994 stock units as compensation. The award was granted under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and is structured as a derivative security convertible into common stock on a 1-for-1 basis.
Following this grant, de Brabander holds a total of 10,235.176 stock units directly. The grant price is shown as $0.0000 per unit, reflecting that this is an equity award rather than an open-market purchase. The units generally settle on the earlier of a plan-based time limit or when she leaves the Board, subject to plan terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
de Brabander Ellen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 706.994 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 10,235.176 shares (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: 706.994 units
Total stock units after grant: 10,235.176 units
Grant price: $0.0000 per unit
+1 more
4 metrics
Stock units granted
706.994 units
Grant to nonemployee director Ellen de Brabander
Total stock units after grant
10,235.176 units
Director’s direct holdings following award
Grant price
$0.0000 per unit
Compensation award, not open-market purchase
Conversion ratio
1-for-1
Each stock unit convertible into one common share
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, Derivative Security, dividend equivalent
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."
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.
dividend equivalent financial
"stock unit is 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.
FAQ
What did ADM director Ellen de Brabander receive in this Form 4 filing?
Ellen de Brabander received a grant of 706.994 stock units as compensation. These units were issued under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and are designed to convert into common stock on a 1-for-1 basis at settlement.
How many ADM stock units does Ellen de Brabander hold after this grant?
After the grant, Ellen de Brabander directly holds 10,235.176 stock units. This total includes the newly awarded 706.994 units and represents her accumulated director compensation position in stock units under Archer-Daniels-Midland Company's plan.
What does a 1-for-1 conversion of ADM stock units mean for investors?
A 1-for-1 conversion means each stock unit corresponds to one share of common stock when settled. For Ellen de Brabander, her 706.994 new stock units are designed to convert into an equal number of ADM common shares under the terms of the stock unit plan.
When do ADM stock units granted to nonemployee directors typically settle?
The footnotes state stock units settle on the earlier of a plan-based time limit or when the director leaves the Board. For grants like Ellen de Brabander’s, this can be up to several years, subject to specific terms of the Stock Unit Plan for Nonemployee Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
