STOCK TITAN

Director Kelvin Westbrook receives stock units at Archer-Daniels-Midland (NYSE: ADM)

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

Rhea-AI Filing Summary

Archer-Daniels-Midland director Kelvin R. Westbrook received a grant of 793.213 stock units as board compensation. These stock units are awarded under the company’s Stock Unit Plan for Nonemployee Directors and convert into common stock on a 1-for-1 basis.

The units are deferred and generally settle on the earlier of five years after the calendar year of the award or when he leaves the Board, as described in the plan. Following this grant, Westbrook directly holds a total of 34,474.630 stock units.

Positive

  • None.

Negative

  • None.
Insider WESTBROOK KELVIN R
Role Director
Type Security Shares Price Value
Grant/Award Stock Units 793.213 $0.00 --
Holdings After Transaction: Stock Units — 34,474.63 shares (Direct)
Footnotes (1)
  1. Granted pursuant to Archer-Daniels-Midland Company's 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 793.213 units Grant to nonemployee director Kelvin R. Westbrook
Total stock units after grant 34,474.630 units Direct holdings following reported transaction
Conversion ratio 1-for-1 Each stock unit converts into one share of common stock
Stock Units financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
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.
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 Unit Plan for Nonemployee Directors financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
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*
WESTBROOK KELVIN R

(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)
04/01/2026
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)04/01/2026A793.213 (3) (3)Common Stock793.213$0.000034,474.63D
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-Fact04/02/2026
** 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)

FAQ

What did ADM director Kelvin R. Westbrook report on this Form 4 for ADM?

Kelvin R. Westbrook reported receiving 793.213 stock units of Archer-Daniels-Midland as a grant. These units are part of the Stock Unit Plan for Nonemployee Directors and are payable in ADM common stock on a deferred basis under the plan’s terms.

How many Archer-Daniels-Midland (ADM) stock units were granted to Kelvin R. Westbrook?

He was granted 793.213 stock units of Archer-Daniels-Midland. Each stock unit represents a right to receive one share of ADM common stock in the future, subject to the deferral and payout rules in the company’s Stock Unit Plan for Nonemployee Directors.

What is Kelvin R. Westbrook’s total ADM stock unit balance after this grant?

After this grant, Kelvin R. Westbrook holds 34,474.630 stock units in Archer-Daniels-Midland. This figure reflects his direct holdings of deferred stock units reported in the filing, all tied to compensation as a nonemployee member of the Board of Directors.

How are the ADM stock units granted to Kelvin R. Westbrook converted into common stock?

The stock units convert into Archer-Daniels-Midland common stock at a 1-for-1 rate. This means each unit becomes one share of common stock when paid out, following the schedule and conditions set by the Stock Unit Plan for Nonemployee Directors.

When will Kelvin R. Westbrook’s ADM stock units generally be paid out?

The stock units are generally payable on the earlier of five years after the end of the calendar year in which the units are awarded or when he ceases to be a director. The plan also allows certain extensions under its specific terms.

Is Kelvin R. Westbrook’s ADM Form 4 transaction a market purchase or sale?

No, the Form 4 shows a compensation-related grant of stock units, coded as an acquisition (A). It is not an open-market purchase or sale, but an award under Archer-Daniels-Midland’s Stock Unit Plan for Nonemployee Directors, with no cash price per unit reported.