ADM director acquires 412.270 stock units

Nonemployee director Terrell K. Crews received additional ADM stock units as dividend-equivalent reinvestments, increasing his stock unit holdings under the board plan.

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Terrell K. Crews reported an acquisition of 412.270 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors. These units were credited as dividend equivalent reinvestments and are convertible into an equal number of ADM common shares on settlement.

After this grant, Crews holds a total of 68,523.536 stock units directly. The units are generally settled in stock on the earlier of a plan-defined time period or when the director ceases to serve on the Board, as described in the plan terms.

Insider Trade Summary

Grant/Award: 412.27 shares

Grant/Award 1 txn

Insider CREWS TERRELL K

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units F1, F2, F3	412.27	$0.00	$0.00

Holdings After Transaction: Stock Units — 68,523.536 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: 412.270 stock units Stock units held after transaction: 68,523.536 stock units Conversion rate: 1-for-1 into common stock +2 more

5 metrics

Stock units acquired 412.270 stock units Grant/award acquisition on September 9, 2026 as dividend equivalent reinvestment

Stock units held after transaction 68,523.536 stock units Direct holdings of Terrell K. Crews following the reported transaction

Conversion rate 1-for-1 into common stock Conversion or exercise price of the derivative security

Transaction price per stock unit $0.0000 Reported price per stock unit for the September 9, 2026 acquisition

Transaction date September 9, 2026 Date of stock unit acquisition under the nonemployee director plan

Key Terms

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

4 terms

Stock Units financial

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

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.

dividend equivalent reinvestment provision financial

"credited under the dividend equivalent reinvestment provision of the Stock Unit Plan"

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.

Stock Unit Plan for Nonemployee Directors financial

"under the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"

FAQ

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

What did ADM director Terrell K. Crews report in this Form 4 for ADM?

He reported an acquisition of 412.270 stock units on September 9, 2026. These units were credited as dividend-equivalent reinvestments under Archer-Daniels-Midland Company’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 Terrell K. Crews hold after this transaction?

Following the September 9, 2026 transaction, Terrell K. Crews holds 68,523.536 stock units directly. These stock units are part of Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors and are ultimately settled in ADM common stock under the plan’s terms.

What is the conversion rate of the reported ADM stock units into common stock?

The filing states that the conversion or exercise price of the derivative security is 1-for-1. Each stock unit is therefore convertible into one share of Archer-Daniels-Midland Co common stock when settlement occurs under the plan.

Why were additional ADM stock units credited to Terrell K. Crews?

The 412.270 stock units were credited under the dividend equivalent reinvestment provision of Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors. This means cash dividends that would be payable on underlying shares are instead credited as additional stock units.

Was this ADM Form 4 transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmatively checked. The transaction is reported as a grant or award acquisition of stock units under the company’s Stock Unit Plan for Nonemployee Directors, not as part of a disclosed Rule 10b5-1 trading plan.

When are Terrell K. Crews’s ADM stock units scheduled to be settled?

The stock units are generally settled on the earlier of (i) a date five years after the end of the calendar year in which units are awarded or credited as dividend equivalents, or (ii) the date the participant ceases to be a member of the Board, subject to the plan’s detailed terms.

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^*

CREWS TERRELL K

(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		412.27		(3)	(3)	Common Stock	412.27	$0.0000	68,523.536	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)