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

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Kelvin R. Westbrook was granted 321.383 stock units under the companys Stock Unit Plan for Nonemployee Directors on 09/10/2025. Each unit converts 1-for-1 into common stock. Following this award, Mr. Westbrook beneficially owns 38,701.605 shares of ADM common stock. The units vest or convert per the plan terms, generally tied to the earlier of five years after the applicable calendar year quarter or the directors cessation of board service, subject to plan extensions.

The filing is a routine Section 16 disclosure reflecting director compensation in equity and an increase in reported beneficial ownership; no cash price or sale/transfer activity is reported.

Positive

• Grant awarded under the companys Stock Unit Plan for Nonemployee Directors, indicating formalized compensation governance.
• Beneficial ownership increased to 38,701.605 shares, aligning the directors interests with shareholders.
• No dispositions reported in this filing; the transaction is an acquisition/grant rather than a sale.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine equity grant to a nonemployee director increases reported insider ownership modestly.

This Form 4 documents a standard director compensation event: a grant of 321.383 stock units that convert 1-for-1 into common shares. The grant increases Kelvin R. Westbrooks beneficial ownership to 38,701.605 shares. There are no cash transactions, no dispositions, and no unusual vesting accelerations disclosed beyond plan terms. For investors, this is a non-operational disclosure that signals alignment of a director with shareholder interests through equity ownership but carries no immediate financial statement impact.

Corporate Governance Expert

TL;DR: Typical nonemployee director award under the companys stock unit plan; governance practice appears routine.

The filing specifies the award was made under ADMs Stock Unit Plan for Nonemployee Directors and references standard conversion and vesting mechanics (1-for-1 conversion and a vesting horizon tied to service or a five-year timing rule). The disclosure meets Section 16 requirements and shows no insider selling or related-party transfers. This is a customary governance outcome to retain and incentivize board members; no governance red flags or material changes in control are evident from the report.

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
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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^*

WESTBROOK KELVIN R

(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		321.383		(3)	(3)	Common Stock	321.383	$0.0000	38,701.605	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).
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FAQ

What did ADM director Kelvin R. Westbrook receive on 09/10/2025?

He was granted 321.383 stock units under ADMs Stock Unit Plan for Nonemployee Directors; units convert 1-for-1 into common stock.

How many ADM shares does Kelvin R. Westbrook beneficially own after the grant?

The Form 4 reports 38,701.605 shares beneficially owned following the reported transaction.

Does the Form 4 show any sales or cash transactions by the reporting person?

No. The filing reports an award (acquisition) of stock units and no dispositions or sales.

Under what plan were the stock units granted?

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

What are the vesting or conversion terms disclosed?

The units convert 1-for-1 and vest/convert at the earlier of five years after the relevant calendar year quarter or when the director ceases board service, subject to plan extensions.