Ellen de Brabander Increases ADM Ownership to 8,497.39 Shares
Rhea-AI Filing Summary
Archer-Daniels-Midland Company (ADM) director Ellen de Brabander received 852.249 stock units on 10/01/2025 under the company’s Stock Unit Plan for Nonemployee Directors. Each unit converts 1-for-1 into common stock and is recorded at a conversion price of $0.0000 because the units represent deferred stock rather than a paid purchase. Following the award, Ms. de Brabander beneficially owns 8,497.39 shares of ADM common stock directly. The units vest or convert at the earlier of five years after the award quarter, crediting as a dividend equivalent, or when the director ceases board service, subject to plan terms.
Positive
- 852.249 stock units granted to nonemployee director under the company's plan
- Director's beneficial ownership increased to 8,497.39 shares
- Units convert 1-for-1 into common stock per plan terms
Negative
- None.
Insights
Director awarded 852.249 deferred stock units on 10/01/2025.
The grant to Ellen de Brabander is a nonemployee director compensation event under ADM’s Stock Unit Plan for Nonemployee Directors. The units convert 1-for-1 into common stock and are governed by specific timing rules that delay conversion until the earlier of a multi-year vesting/deferral period or departure from the board.
This award increases the director’s direct beneficial ownership to 8,497.39 shares, a disclosed change in insider holdings that is standard for nonemployee director compensation and is reportable under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 852.249 | $0.00 | -- |
Footnotes (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.
FAQ
What transaction did ADM director Ellen de Brabander report on Form 4?
What is the conversion rate and price for the awarded stock units?
Under which plan were the units granted?