Archer-Daniels-Midland (ADM) director receives stock unit award under board plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer-Daniels-Midland Company disclosed that one of its directors received an equity-based award in the form of stock units under the company’s Stock Unit Plan for Nonemployee Directors. On 01/02/2026, the director was granted 1,101.797 stock units, each convertible into one share of ADM common stock at a 1-for-1 rate with a stated conversion price of $0.0000 per unit.
After this grant, the director beneficially owns 65,429.751 derivative securities in the form of stock units, held directly. The stock units generally become payable on the earlier of a specified long-term date tied to the award calendar period or when the director leaves the Board, as provided in ADM’s Stock Unit Plan for Nonemployee Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CREWS TERRELL K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 1,101.797 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 65,429.751 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.
FAQ
What insider transaction did ADM report in this Form 4 filing?
ADM reported that a director received an equity-based award of 1,101.797 stock units on 01/02/2026 under the company’s Stock Unit Plan for Nonemployee Directors.
What type of security was granted to the ADM director and how does it work?
The director received stock units, a type of derivative security that converts into ADM common stock on a 1-for-1 basis, with a stated conversion price of $0.0000 per unit.
How many ADM derivative securities does the director own after the reported transaction?
Following the reported grant, the director beneficially owns 65,429.751 derivative securities in the form of stock units, held directly.
Is the ADM director’s stock unit grant a cash transaction?
No cash price is shown; the stock units were granted with a stated conversion or exercise price of $0.0000, consistent with a noncash equity award under ADM’s director stock unit plan.
When do the ADM stock units granted to the director generally become payable?
The stock units generally become payable on the earlier of five years after the end of the calendar year that includes the relevant award or crediting quarter, or when the director ceases to be a Board member, subject to the terms of ADM’s Stock Unit Plan for Nonemployee Directors.
What plan governs the ADM director’s stock unit award?
The award was granted pursuant to Archer-Daniels-Midland Company’s Stock Unit Plan for Nonemployee Directors, which sets the terms for grants and payment timing of director stock units.