ADM (ADM) director Collins credited dividend-based stock units under board plan
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collins James C. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 78.203 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 12,310.306 shares (Direct, null)
Footnotes (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.
Key Figures
Stock units credited: 78.203 stock units
Total stock units after transaction: 12,310.306 stock units
Conversion rate: 1-for-1 into common stock
+1 more
4 metrics
Stock units credited
78.203 stock units
Dividend equivalent credit on 2026-06-10
Total stock units after transaction
12,310.306 stock units
Holdings following Form 4 transaction
Conversion rate
1-for-1 into common stock
Conversion or exercise price of derivative security
Derivative transactions reported
1 transaction
DerivativeTransactionCount in transaction summary
Key Terms
Stock Units, dividend equivalent reinvestment, Stock Unit Plan for Nonemployee Directors, 1-for-1
4 terms
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"
Stock Unit Plan for Nonemployee Directors financial
"Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"
1-for-1 financial
"Conversion or exercise price of Derivative Security is 1-for-1"
FAQ
What did ADM director James C. Collins Jr. report on this Form 4?
James C. Collins Jr., a director of Archer-Daniels-Midland Co (ADM), reported receiving 78.203 stock units. These units were credited as dividend equivalents under ADM’s Stock Unit Plan for Nonemployee Directors, increasing his total stock unit holdings to 12,310.306 units.
How many ADM stock units does James C. Collins Jr. hold after this transaction?
After the transaction, James C. Collins Jr. directly holds 12,310.306 stock units in Archer-Daniels-Midland Co. This total reflects the addition of 78.203 stock units credited as dividend equivalents under the company’s Stock Unit Plan for Nonemployee Directors.
What is the nature of the ADM stock units granted to James C. Collins Jr.?
The reported 78.203 stock units are credited under the dividend equivalent reinvestment provision of ADM’s Stock Unit Plan for Nonemployee Directors. Each stock unit represents the right to receive one share of ADM common stock on a future settlement date, subject to plan terms.
What is the conversion rate for James C. Collins Jr.’s ADM stock units?
The Form 4 states the conversion or exercise price of the derivative security is 1-for-1. This means each stock unit held by James C. Collins Jr. is generally convertible into one share of Archer-Daniels-Midland Co common stock upon settlement under the plan.
How were the new ADM stock units for James C. Collins Jr. generated?
The additional 78.203 stock units were generated through dividend equivalent reinvestment. Under ADM’s Stock Unit Plan for Nonemployee Directors, cash dividends payable on common stock are effectively reinvested as stock units, which accumulate for the director instead of being paid in cash.
When do the ADM stock units for James C. Collins Jr. generally settle?
According to the footnotes, the stock units generally settle on the earlier of five years after the end of the calendar year in which they are awarded or credited, or when Collins ceases to be an ADM director, as further governed by the plan’s detailed terms.