ADM director awarded additional stock units
Archer-Daniels-Midland Co director Michael C. McMurray acquired additional stock units through a routine plan feature.
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Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Co director Michael C. McMurray acquired additional stock units through a routine plan feature. On this Form 4, he received 1.155 stock units credited under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors as dividend equivalents, bringing his total stock unit balance to 181.831 units on a 1-for-1 basis into common stock.
Insider Trade Summary
Grant/Award: 1.155 shares
Grant/Award
1 txn
Insider
McMurray Michael C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 1.155 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 181.831 contracts (Direct)
Footnotes (3)
- F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
- F2. Conversion or exercise price of Derivative Security is 1-for-1.
- F3. 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.
Key Figures
Stock units acquired: 1.155 stock units
Total stock units after transaction: 181.831 stock units
Conversion ratio: 1-for-1
3 metrics
Stock units acquired
1.155 stock units
Dividend equivalent reinvestment on 2026-06-10
Total stock units after transaction
181.831 stock units
Holdings following reported award
Conversion ratio
1-for-1
Stock units into ADM common stock
Key Terms
Stock Units, dividend equivalent reinvestment, Stock Unit Plan for Nonemployee Directors, Derivative Security
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 financial
"credited under the dividend equivalent reinvestment provision of the ... Stock Unit Plan"
Stock Unit Plan for Nonemployee Directors financial
"Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"
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 insider transaction did ADM director Michael C. McMurray report?
Michael C. McMurray reported acquiring 1.155 stock units as a routine award. These units were credited as dividend equivalents under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors, increasing his total stock unit holdings to 181.831 units.
How many ADM stock units does Michael C. McMurray hold after this Form 4?
After this transaction, Michael C. McMurray holds 181.831 stock units. The filing shows these units result from the company’s Stock Unit Plan for Nonemployee Directors, including dividend equivalent reinvestments credited over time under that plan.
What triggered the 1.155 ADM stock units credited to Michael C. McMurray?
The 1.155 stock units were credited as dividend equivalents under Archer-Daniels-Midland’s Stock Unit Plan. When the company pays dividends, nonemployee directors receive additional stock units instead of cash, reinvesting those dividends into more stock units automatically.
How do Michael C. McMurray’s ADM stock units convert into common stock?
The Form 4 states the derivative security converts at a 1-for-1 rate into common stock. Each stock unit represents one share of Archer-Daniels-Midland common stock upon settlement, aligning the director’s interests with common shareholders over time.
When are Michael C. McMurray’s ADM stock units scheduled to be paid out?
The stock units are generally payable on the earlier of two events. They are due five years after the end of the calendar year in which they are awarded or credited, or when McMurray ceases serving on the Board, subject to plan terms.
What is Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors?
It is a compensation plan granting stock units to nonemployee directors instead of only cash. The plan also credits additional units through dividend equivalent reinvestment, helping align directors’ compensation with Archer-Daniels-Midland common stock performance over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
