ADM (NYSE: ADM) director gets 706.994 stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COLBERT THEODORE III reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland director Theodore Colbert III received a grant of 706.994 stock units as compensation. The award was made under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and increases his directly held stock units to 17,520.903.
Each stock unit is convertible into one share of Archer-Daniels-Midland common stock on a 1-for-1 basis. The units generally settle on the earlier of a specified multi-year period after grant or when he leaves the Board, consistent with the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COLBERT THEODORE III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 706.994 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 17,520.903 shares (Direct)
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.
Key Figures
Stock units granted: 706.994 stock units
Total stock units after transaction: 17,520.903 stock units
Conversion ratio: 1-for-1 into common stock
3 metrics
Stock units granted
706.994 stock units
Award under Stock Unit Plan for Nonemployee Directors on 2026-04-01
Total stock units after transaction
17,520.903 stock units
Directly held by Theodore Colbert III following grant
Conversion ratio
1-for-1 into common stock
Conversion or exercise price of derivative security
Key Terms
Stock Units, Stock Unit Plan for Nonemployee Directors, dividend equivalent, Board of Directors
4 terms
Stock Units financial
"security_title: Stock Units"
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.
Stock Unit Plan for Nonemployee Directors financial
"Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors."
dividend equivalent financial
"stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
Board of Directors financial
"or the date the participant ceases to be a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did ADM director Theodore Colbert III report?
ADM director Theodore Colbert III reported receiving 706.994 stock units as a grant. These were awarded under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and increase his directly held stock units to 17,520.903, reflecting routine director compensation.
How many ADM stock units does Theodore Colbert III hold after this grant?
After this grant, Theodore Colbert III holds 17,520.903 stock units directly. The new award of 706.994 stock units was added under ADM’s Stock Unit Plan for Nonemployee Directors and represents additional deferred compensation tied to the company’s common stock.
What is the conversion ratio for ADM stock units granted to directors?
Each ADM stock unit granted to directors converts into one share of common stock. The footnotes state a 1-for-1 conversion or exercise price, meaning 706.994 stock units correspond to 706.994 underlying common shares when the units are ultimately settled or converted.
When do ADM director stock units like this grant generally become payable?
These ADM stock units generally become payable on the earlier of a multi-year period after the calendar year of the award or when the director leaves the Board. The exact timing follows Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors, which also allows certain extensions.