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Dividend equivalents add 110.386 stock units to ADM (NYSE: ADM) director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Archer-Daniels-Midland Co director Lei Zhang Schlitz received an automatic award of 110.386 stock units on June 10, 2026. These units were credited under the dividend equivalent reinvestment feature of ADM’s Stock Unit Plan for Nonemployee Directors and convert 1-for-1 into common stock. After this award, Schlitz holds 17,376.354 stock units in total, reflecting routine, compensation-related accruals rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Schlitz Lei Zhang
Role null
Type Security Shares Price Value
Grant/Award Stock Units 110.386 $0.00 --
Holdings After Transaction: Stock Units — 17,376.354 shares (Direct, null)
Footnotes (1)
  1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors. Conversion or exercise price of Derivative Security is 1-for-1. 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.
Stock units granted 110.386 stock units Grant/award credited June 10, 2026
Total stock units after 17,376.354 stock units Holdings following the reported transaction
Conversion ratio 1-for-1 Each stock unit converts into one common share
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 Archer-Daniels-Midland Company Stock Unit Plan"
1-for-1 financial
"Conversion or exercise price of Derivative Security is 1-for-1"
Stock Unit Plan for Nonemployee Directors financial
"Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Schlitz Lei Zhang
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)$0.0000(2)06/10/2026A110.386 (3) (3)Common Stock110.386$0.000017,376.354D
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 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.
Remarks:
poaschlitz.txt
Dana Ng, Attorney-in-Fact06/12/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ADM director Lei Zhang Schlitz report on this Form 4?

ADM director Lei Zhang Schlitz reported receiving 110.386 stock units as a grant. The units were credited as dividend equivalent reinvestments under ADM’s Stock Unit Plan for Nonemployee Directors, increasing her total stock unit holdings to 17,376.354.

Was the ADM Form 4 transaction a market buy or sell of ADM common stock?

The Form 4 does not show a market buy or sell of ADM shares. It reports a grant of 110.386 stock units credited as dividend equivalents, a routine compensation-related accrual, rather than an open-market purchase or sale of common stock.

How many ADM stock units does Lei Zhang Schlitz hold after this Form 4 transaction?

After the reported transaction, Lei Zhang Schlitz holds 17,376.354 stock units. This total reflects her prior balance plus 110.386 additional units credited as dividend equivalent reinvestments under ADM’s Stock Unit Plan for Nonemployee Directors.

What does a 1-for-1 conversion ratio mean for ADM stock units reported on this Form 4?

The 1-for-1 conversion ratio means each ADM stock unit corresponds to one share of common stock. When the units convert under plan terms, the number of shares received will match the number of stock units held, subject to the plan’s distribution rules.

How were the new ADM stock units for Lei Zhang Schlitz determined?

The 110.386 new stock units were credited under a dividend equivalent reinvestment provision. When ADM pays dividends on common stock, nonemployee directors’ stock unit accounts receive additional units instead of cash, accumulating value over time as part of board compensation.