[Form 4] Archer-Daniels-Midland Co Insider Trading Activity

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Terrell K. Crews received a nonemployee director stock-unit award on 09/10/2025. The Form 4 reports a grant of 520.819 stock units under the company's Stock Unit Plan for Nonemployee Directors, convertible 1-for-1 into common shares with no cash exercise price. After the reported transaction, Mr. Crews is shown as beneficially owning 62,718.304 shares directly. The award's settlement/expiration is governed by the plan and is the earlier of specified multi-year or termination conditions described in the filing. The form was signed by an attorney-in-fact on 09/10/2025.

Positive

• Grant recorded under company plan: The award is explicitly granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
• Increases reported direct ownership: Beneficial ownership following the transaction is reported as 62,718.304 shares.

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine director equity award increased direct holdings to 62,718.304 shares; no cash outlay and conversion is 1-for-1.

The filing documents a nonemployee director grant of 520.819 stock units under ADM's director plan, convertible into common stock at no cash cost. This is a compensatory grant, not a secondary-market purchase or sale. The post-transaction beneficial ownership reported is 62,718.304 shares, which is a clear quantitative update to the director's stake. There are no disclosed sales, purchases, or other transactions affecting outstanding shares in this filing.

Corporate Governance Expert

TL;DR: Compensation disclosure is standard for nonemployee directors and follows the company stock unit plan rules.

The Form 4 indicates the award was granted pursuant to ADM's Stock Unit Plan for Nonemployee Directors and specifies the plan-based vesting/settlement timing rules. The filing is procedural and consistent with director compensation disclosures; it updates beneficial ownership and specifies plan-defined timing for conversion or settlement. No governance concerns or departures from standard disclosure practices are apparent from the text provided.

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^*

CREWS TERRELL K

(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		520.819		(3)	(3)	Common Stock	520.819	$0.0000	62,718.304	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 transaction did ADM director Terrell K. Crews report on Form 4?

The Form 4 reports a grant of 520.819 stock units to Terrell K. Crews on 09/10/2025 under the company's Stock Unit Plan for Nonemployee Directors.

How many shares does Mr. Crews beneficially own after the reported transaction (ADM)?

The filing shows Mr. Crews beneficially owns 62,718.304 shares following the reported transaction.

What is the conversion or exercise price of the derivative security reported for ADM?

The derivative security's conversion is 1-for-1 and the price is reported as $0.0000.

Under which plan were the stock units for ADM's director granted?

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

Who signed the Form 4 for this ADM filing and when?

The Form 4 was signed by Dana Ng, Attorney-in-Fact on 09/10/2025.