ADM (ADM) director Theodore Colbert III granted 126.733 stock units as dividend equivalents

Rhea-AI Filing Summary

Archer-Daniels-Midland Co director Theodore Colbert III received 126.733 stock units as a grant under the company’s Stock Unit Plan for Nonemployee Directors. These units were credited on March 10, 2026 as dividend-equivalent reinvestments and carry a 1-for-1 conversion into common stock. After this award, Colbert holds a total of 16,813.909 stock units directly under the plan, reflecting routine, compensation-related accruals rather than open-market buying or selling.

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

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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^*

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)
03/10/2026

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)	03/10/2026		A		126.733		(3)	(3)	Common Stock	126.733	$0.0000	16,813.909	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 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	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did ADM director Theodore Colbert III report on this Form 4?

ADM director Theodore Colbert III reported receiving 126.733 stock units on March 10, 2026. These were granted as dividend-equivalent reinvestments under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors and are classified as a grant or award acquisition, not an open-market trade.

How many ADM stock units does Theodore Colbert III hold after this transaction?

After this transaction, Theodore Colbert III holds 16,813.909 stock units. This total reflects his direct holdings in the Archer-Daniels-Midland Stock Unit Plan for Nonemployee Directors, including the newly credited 126.733 units from dividend-equivalent reinvestment on March 10, 2026.

What is the nature of the ADM stock units granted to Theodore Colbert III?

The stock units represent deferred compensation credited under ADM’s Stock Unit Plan for Nonemployee Directors. They were added through the plan’s dividend equivalent reinvestment feature, meaning cash dividends on underlying shares are reinvested as additional stock units instead of being paid out in cash.

How do Theodore Colbert III’s ADM stock units convert into common stock?

Each stock unit converts into Archer-Daniels-Midland common stock on a 1-for-1 basis. This means 126.733 stock units correspond to 126.733 shares of common stock upon settlement, as specified in the filing’s footnote describing the conversion price of the derivative security.

When are the ADM stock units for Theodore Colbert III scheduled to be paid out?

The stock units are generally paid out on the earlier of two times: five years after the end of the calendar year when a unit is awarded or credited, or when the participant ceases to be a board member. This schedule follows Archer-Daniels-Midland’s Stock Unit Plan terms.

Was there any cash paid in Theodore Colbert III’s ADM stock unit transaction?

No cash changed hands in this particular transaction. The Form 4 shows a transaction price per stock unit of $0.0000, indicating these 126.733 units were credited as a non-cash grant under the dividend-equivalent reinvestment feature of ADM’s nonemployee director stock unit plan.