Archer-Daniels-Midland director adds 5.43 units

Archer-Daniels-Midland Co (ADM) director Michael C. McMurray reported an acquisition of 5.43 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors.

Rhea-AI Filing Summary

Archer-Daniels-Midland Co (ADM) director Michael C. McMurray reported an acquisition of 5.43 stock units on September 9, 2026 under the company’s Stock Unit Plan for Nonemployee Directors. These units were credited as dividend equivalent reinvestments and are convertible into common stock on a 1-for-1 basis, bringing his direct stock unit balance to 902.78 units.

Insider Trade Summary

Grant/Award: 5.43 shares

Grant/Award 1 txn

Insider McMurray Michael C.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units F1, F2, F3	5.43	$0.00	$0.00

Holdings After Transaction: Stock Units — 902.78 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: 5.43 units Stock units held after transaction: 902.78 units Conversion ratio of Derivative Security: 1-for-1 +2 more

5 metrics

Stock units acquired 5.43 units Grant/award acquisition on September 9, 2026 under nonemployee director stock unit plan

Stock units held after transaction 902.78 units Direct holdings of stock units following September 9, 2026 transaction

Conversion ratio of Derivative Security 1-for-1 Each stock unit convertible into one share of common stock

Reported transaction price per stock unit $0.00 per unit Award of 5.43 stock units credited as dividend equivalent reinvestment

Maximum deferral period 5 years Earlier of five years after year-end or board service end for settlement of units

Key Terms

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

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 ... 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 Unit Plan for Nonemployee Directors financial

"Archer-Daniels-Midland Company Stock Unit Plan for Nonemployee Directors"

FAQ

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

What did ADM director Michael C. McMurray report on this Form 4 for ADM?

He reported acquiring 5.43 stock units of Archer-Daniels-Midland Co on September 9, 2026 under the Stock Unit Plan for Nonemployee Directors as a dividend equivalent reinvestment.

How many ADM stock units does Michael C. McMurray hold after this transaction?

After the reported transaction, Michael C. McMurray holds 902.78 stock units directly under Archer-Daniels-Midland Co’s Stock Unit Plan for Nonemployee Directors.

What is the conversion ratio of the reported ADM stock units?

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 Co common stock.

Were the ADM stock units purchased on the market by Michael C. McMurray?

No. The 5.43 stock units were credited as dividend equivalents under Archer-Daniels-Midland Co’s Stock Unit Plan for Nonemployee Directors, with a reported price of $0.00 per unit.

When do the reported ADM stock units become payable or settle?

The units settle on the earlier of five years after the end of the calendar year in which the units are awarded or credited as dividend equivalents, or the date Michael C. McMurray ceases to be a member of the Board of Directors.

Is this ADM Form 4 transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not affirmed (set to false), and the footnotes describe the units as credited under the Stock Unit Plan for Nonemployee Directors, not as trades under a Rule 10b5-1 plan.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

McMurray Michael C.

(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		5.43		(3)	(3)	Common Stock	5.43	$0.0000	902.78	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)