Archer-Daniels-Midland (ADM) Director Equity Grant — 172.071 Units

Rhea-AI Filing Summary

Archer-Daniels-Midland Co. (ADM) director Suzan F. Harrison received a grant of 172.071 stock units under the company's Stock Unit Plan for Nonemployee Directors, recorded as a derivative security on 09/10/2025. Each unit converts 1-for-1 into common stock and was issued with a reported per-unit price of $0.0000. Following the grant, Ms. Harrison is shown as beneficially owning 20,721.683 shares of common stock on a direct basis. The award vests or is payable according to plan terms, which tie settlement to specified dates or departure from the board.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation grant; signals normal equity-based pay for nonemployee directors without material balance-sheet impact.

This appears to be a standard equity award under ADM's Stock Unit Plan for Nonemployee Directors. The grant of 172.071 stock units that convert 1-for-1 to common stock reflects customary nonemployee director compensation rather than a change in company operations or capital structure. The post-grant beneficial ownership of 20,721.683 shares is disclosed on a direct basis. There is no indication of cash payment or discounted pricing; the reported price is $0.0000, consistent with stock-unit accounting where value is derived from underlying shares. For governance review, this is a routine disclosure to monitor director alignment with shareholder interests.

Securities/Insider Transactions Analyst

TL;DR: Filing documents a director's equity award on 09/10/2025, a routine Section 16 disclosure with no apparent unusual terms.

The Form 4 shows a derivative grant of 172.071 stock units to Suzan F. Harrison, executed 09/10/2025, with a 1-for-1 conversion to common stock and an indicated price of $0.0000. The reporting person is a director and the filing is by one reporting person. The reported beneficial ownership after the transaction is 20,721.683 shares (direct). This filing satisfies Section 16 reporting requirements for insider changes in beneficial ownership and contains explanatory notes about plan vesting/settlement timing. No additional transactions, dispositions, or exercised derivatives are disclosed.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harrison Suzan F.

(Last) (First) (Middle)

77 WEST WACKER DRIVE

SUITE 4600

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Archer-Daniels-Midland Co [ ADM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units(1)	$0.0000(2)	09/10/2025		A		172.071		(3)	(3)	Common Stock	172.071	$0.0000	20,721.683	D

Explanation of Responses:

1. Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

2. Conversion or exercise price of Derivative Security is 1-for-1.

3. 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.

	Dana Ng, Attorney-in-Fact	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ADM director Suzan F. Harrison report on Form 4?

Suzan F. Harrison reported a grant of 172.071 stock units as a derivative security on 09/10/2025 under ADM's nonemployee director plan.

How many shares does Suzan F. Harrison own after the reported transaction (ADM)?

The Form 4 reports 20,721.683 shares beneficially owned on a direct basis following the transaction.

What is the conversion rate and price for the stock units granted to the ADM director?

The stock units convert 1-for-1 into common stock and are reported with a per-unit price of $0.0000 in the filing.

When was the transaction dated on the Form 4 for ADM insider activity?

The transaction date recorded on the Form 4 is 09/10/2025.

Under what plan were the stock units granted to the ADM director?

The units were granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.