Archer-Daniels-Midland director gets 111 units

A nonemployee director of ADM received dividend-equivalent stock units that increase his deferred equity-linked holdings.

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (symbol: ADM) is the issuer of record for a Form 4 filing submitted to the SEC. COLBERT THEODORE III reported acquisition or exercise transactions in this Form 4 filing.

Archer-Daniels-Midland Co (ADM) director Theodore Colbert III received an automatic credit of 111.060 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors, reflecting dividend-equivalent reinvestment. Each unit is convertible into 1 share of common stock, bringing his direct stock-unit balance to 18,459.497 units. These units generally settle on the earlier of a specified five-year calendar test or when he ceases to serve on the Board, as provided in the plan.

Insider Trade Summary

Grant/Award: 111.06 shares

Grant/Award 1 txn

Insider COLBERT THEODORE III

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units F1, F2, F3	111.06	$0.00	$0.00

Holdings After Transaction: Stock Units — 18,459.497 contracts (Direct)

Footnotes (3)

1. F1. Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors.
2. F2. Conversion or exercise price of Derivative Security is 1-for-1.
3. F3. The earlier of (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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: 111.060 units Stock units following transaction: 18,459.497 units Conversion rate of derivative security: 1-for-1 +2 more

5 metrics

Stock units acquired 111.060 units Stock units credited on September 9, 2026 as dividend-equivalent reinvestment

Stock units following transaction 18,459.497 units Total direct stock-unit balance for Theodore Colbert III after the transaction

Conversion rate of derivative security 1-for-1 Each stock unit is convertible into one share of ADM common stock

Transaction price per stock unit $0.00 Grant/award acquisition under the Stock Unit Plan for Nonemployee Directors

Form 4 transaction date September 9, 2026 Date the stock units were credited to the director’s account

Key Terms

Stock Unit Plan for Nonemployee Directors, dividend equivalent reinvestment provision, Derivative Security, stock units

4 terms

Stock Unit Plan for Nonemployee Directors financial

"credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"

dividend equivalent reinvestment provision financial

"Represents stock units credited under the dividend equivalent reinvestment provision of the Archer-Daniels-Midland Company Stock Unit Plan"

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.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

He reported an acquisition of 111.060 stock units on September 9, 2026, credited under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors as dividend-equivalent reinvestments, increasing his direct balance in these units to 18,459.497.

Is the ADM Form 4 transaction a market purchase or sale of ADM common stock?

No. The filing shows a grant/award acquisition of stock units, not a market trade in ADM common stock. The units were credited at no cash price under the dividend equivalent reinvestment feature of the nonemployee directors’ stock unit plan.

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

After the September 9, 2026 credit of 111.060 stock units, he directly holds a total of 18,459.497 stock units linked to Archer-Daniels-Midland common stock under the Stock Unit Plan for Nonemployee Directors.

What is the conversion rate of the ADM stock units reported in this Form 4?

The filing states that the conversion or exercise price of the derivative security is 1-for-1, meaning each stock unit is convertible into one share of Archer-Daniels-Midland common stock, subject to the plan’s settlement terms.

When do the ADM stock units credited to the director generally settle or convert?

The units generally settle on the earlier of: (i) the date five years after the end of the calendar year including the award or dividend credit, or (ii) the date the participant ceases to be a Board member, in each case as may be extended under the plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 04:04 PM Accepted by SEC EDGAR 09/11/2026 - 04:04 PM Learn about SEC filing dates

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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			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)	09/09/2026		A		111.06		(3)	(3)	Common Stock	111.06	$0.0000	18,459.497	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 (i) the date five years after the end of the calendar year (a) that includes the calendar quarter for which any stock unit is awarded to the participant or (b) in which such stock unit is credited to the participant as a dividend equivalent or (ii) 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	09/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)