Archer-Daniels-Midland director adds 215 stock units

Archer-Daniels-Midland Co (ADM) director Kelvin R. Westbrook reported an acquisition of 214.520 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors.

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Kelvin R. Westbrook reported an acquisition of 214.520 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors. The units were credited as dividend equivalent reinvestments and are convertible into ADM common stock on a 1-for-1 basis, bringing his reported balance to 35,656.338 stock units. Settlement generally occurs on the earlier of specified five-year timing rules or when he ceases to serve on the Board.

Insider Trade Summary

Grant/Award: 214.52 shares

Grant/Award 1 txn

Insider WESTBROOK KELVIN R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units F1, F2, F3	214.52	$0.00	$0.00

Holdings After Transaction: Stock Units — 35,656.338 contracts (Direct)

Footnotes (3)

1. F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
2. F2. Conversion or exercise price of Derivative Security is 1-for-1.
3. F3. The earlier of (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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 acquired: 214.520 stock units Stock units after transaction: 35,656.338 stock units Conversion ratio: 1 stock unit for 1 share of ADM common stock +2 more

5 metrics

Stock units acquired 214.520 stock units Dividend-equivalent stock units credited on September 9, 2026

Stock units after transaction 35,656.338 stock units Total stock unit balance reported following the acquisition

Conversion ratio 1 stock unit for 1 share of ADM common stock Conversion or exercise price of derivative security

Rule 10b5-1 plan status False Form-level checkbox indicating no affirmed Rule 10b5-1 trading plan

Maximum deferral period 5 years Earlier of five years after certain year-ends or Board service ending for settlement

Key Terms

Stock Unit Plan for Nonemployee Directors, dividend equivalent reinvestment, Derivative Security

3 terms

Stock Unit Plan for Nonemployee Directors financial

"credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"

dividend equivalent reinvestment financial

"Represents stock units credited under the dividend equivalent reinvestment provision of the"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did ADM director Kelvin R. Westbrook report on this Form 4 for ADM?

He reported an acquisition of 214.520 stock units on September 9, 2026. These were credited as dividend-equivalent reinvestments under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors and are convertible into ADM common stock on a 1-for-1 basis.

How many ADM stock units does Kelvin R. Westbrook hold after this transaction?

After the transaction, Kelvin R. Westbrook is reported to hold 35,656.338 stock units. These stock units represent deferred rights tied to ADM common stock under the Stock Unit Plan for Nonemployee Directors and are settled according to the plan’s timing provisions.

What is the nature of the stock units reported by ADM director Kelvin R. Westbrook?

The reported securities are stock units, a type of derivative security credited under ADM’s Stock Unit Plan for Nonemployee Directors. Per the filing, each unit is convertible into one share of ADM common stock, reflecting a 1-for-1 conversion ratio.

Why were additional ADM stock units credited to Kelvin R. Westbrook on September 9, 2026?

The filing states that the additional 214.520 stock units represent amounts credited under the dividend equivalent reinvestment provision of Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors, meaning dividends on existing units are reinvested into additional units.

When are Kelvin R. Westbrook’s ADM stock units scheduled to be settled or paid out?

According to the filing, settlement occurs on the earlier of (i) a date generally tied to five years after the end of the relevant calendar year, or (ii) the date he ceases to be a member of ADM’s Board of Directors, as provided under the stock unit plan.

Does this ADM Form 4 indicate use of a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is marked false, indicating the reported transaction was not affirmed as made under a Rule 10b5-1 trading plan. The transaction consists of stock units credited under ADM’s Stock Unit Plan for Nonemployee Directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 04:04 PM Accepted by SEC EDGAR 09/11/2026 - 04:04 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

WESTBROOK KELVIN R

(Last) (First) (Middle)

77 WEST WACKER DRIVE

SUITE 4600

(Street)

CHICAGO ILLINOIS 60601

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

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

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

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

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)	09/09/2026		A		214.52		(3)	(3)	Common Stock	214.52	$0.0000	35,656.338	D

Explanation of Responses:

1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.

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

3. The earlier of (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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	09/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)