ADM director awarded 78.203 stock units
Collins James C. Jr. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Collins James C. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland Co director James C. Collins Jr. received 78.203 stock units through a dividend-equivalent credit under the company’s Stock Unit Plan for Nonemployee Directors. These stock units are convertible into an equal number of common shares on a 1-for-1 basis.
Following this award, Collins holds a total of 12,310.306 stock units directly. The footnotes state these units are credited when dividends are paid and generally settle on the earlier of a plan-based five-year schedule or when he leaves the board, as provided under the plan’s terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 78.203 | $0.00 | $0.00 |
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
Key Terms
Stock Units financial
dividend equivalent reinvestment financial
Stock Unit Plan for Nonemployee Directors financial
1-for-1 financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ADM director James C. Collins Jr. report on this Form 4?
How many ADM stock units does James C. Collins Jr. hold after this transaction?
What is the nature of the ADM stock units granted to James C. Collins Jr.?
What is the conversion rate for James C. Collins Jr.’s ADM stock units?
How were the new ADM stock units for James C. Collins Jr. generated?
When do the ADM stock units for James C. Collins Jr. generally settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.