Archer-Daniels-Midland (ADM) Director Receives Stock Unit Grant

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Theodore Colbert III was granted 123.017 stock units under the company's Stock Unit Plan for Nonemployee Directors on 09/10/2025. Each stock unit converts 1-for-1 into common stock and the units vest or settle on the earlier of specified plan milestones, including up to five years after the award or upon cessation of board service.

Following the award, Mr. Colbert beneficially owned 14,814.181 shares of ADM common stock. The grant was signed by an attorney-in-fact and reflects routine nonemployee director compensation under the stated plan.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation in stock units; aligns director interests with shareholders without indicating unusual governance changes.

The filing documents a standard equity award to a nonemployee director under ADM's Stock Unit Plan for Nonemployee Directors. The conversion is 1-for-1 and settlement is tied to typical vesting/cessation milestones, including a maximum five-year timeframe. Such grants are customary for board compensation and serve to align long-term interests, but the filing does not disclose any accelerated vesting, change-in-control provisions, or unusual terms.

Securities Analyst

TL;DR: Minor change in insider holdings from a routine award; not materially impactful to ADM's capitalization or control.

The reported award of 123.017 stock units increases the reporting person’s beneficial holdings to 14,814.181 shares. The scale of the grant is small relative to a large-cap issuer and is recorded as a derivative award converting 1-for-1 to common stock. There is no indication of disposition or sale and no cash price paid; this appears to be standard director equity compensation with no immediate market impact disclosed in the form.

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^*

COLBERT THEODORE III

(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		123.017		(3)	(3)	Common Stock	123.017	$0.0000	14,814.181	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 Theodore Colbert III report on ADM Form 4?

The filing reports a grant of 123.017 stock units awarded on 09/10/2025 under ADM's Stock Unit Plan for Nonemployee Directors.

How do the stock units convert into ADM common shares?

The stock units convert 1-for-1 into common stock, as stated in the filing.

How many ADM shares does Theodore Colbert III beneficially own after the grant?

After the reported transaction, he beneficially owns 14,814.181 shares of ADM common stock.

When do the awarded stock units vest or settle?

They settle on the earlier of the five-year limit after the award quarter, when credited as dividend equivalents, or when the director ceases board service, subject to plan terms.

Is this Form 4 filing indicative of a sale or disposition of ADM shares?

No. The filing reports an award (A) of derivative stock units, not a sale or cash disposition.