ADM (NYSE: ADM) CEO receives 106,475-share award, 23,330 shares for taxes

Rhea-AI Filing Summary

Archer-Daniels-Midland’s President & CEO Juan R. Luciano received a grant of 106,475 shares of common stock on February 12, 2026 at no cost. On February 13, 2026, 23,330 shares were disposed of to cover tax obligations at $69.50 per share.

After these transactions, he directly holds 674,342 common shares. He also has indirect ownership interests in additional ADM shares held through a family LLC, an irrevocable trust, and a revocable trust.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider LUCIANO JUAN R

Role President & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	23,330	$69.50	$1.62M
Grant/Award	Common Stock	106,475	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 674,342 shares (Direct); Common Stock — 238 shares (Indirect, By Family LLC)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

LUCIANO JUAN R

(Last) (First) (Middle)

77 W. WACKER DR., SUITE 4600

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	02/12/2026		A		106,475	A	$0.0000	697,672	D
Common Stock	02/13/2026		F		23,330	D	$69.5	674,342	D
Common Stock								238	I	By Family LLC
Common Stock								238,370	I	By Irrevocable Trust
Common Stock								1,254,419	I	By Revocable Trust

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

Explanation of Responses:

	Dana Ng, Attorney-in-Fact	02/17/2026
	** 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.

FAQ

What insider transactions did ADM CEO Juan R. Luciano report?

Juan R. Luciano reported a grant of 106,475 Archer-Daniels-Midland common shares and a tax-related disposition of 23,330 shares. These transactions reflect equity compensation and tax withholding activity rather than an open-market purchase or sale of ADM stock.

How many ADM shares were granted to the CEO in this Form 4 filing?

The CEO received a grant of 106,475 shares of Archer-Daniels-Midland common stock at a price of $0.0000 per share. This represents an equity award classified as an acquisition rather than an open-market transaction for cash consideration.

What does the 23,330-share disposition by the ADM CEO represent?

The 23,330-share disposition at $69.50 per share represents shares delivered to satisfy tax liabilities or exercise costs. It is coded as a tax-withholding disposition, indicating it is not an ordinary open-market sale initiated for portfolio or valuation reasons.

How many ADM shares does the CEO directly own after these transactions?

Following the reported grant and tax-related disposition, Juan R. Luciano directly owns 674,342 shares of Archer-Daniels-Midland common stock. This direct holding figure reflects only shares in his own name, excluding additional indirect holdings through various trusts and entities.

What indirect ADM shareholdings are associated with the CEO?

In addition to direct holdings, indirect ADM shares are reported through a family LLC, an irrevocable trust, and a revocable trust. These positions are classified as indirect beneficial ownership interests, reflecting shares held via related entities rather than solely in the CEO’s name.

Does this ADM Form 4 show open-market buying or selling by the CEO?

The filing shows an equity grant and a tax-withholding disposition, not an open-market buy or sell. The acquisition was a stock award at no cost, and the disposition reflects shares used to cover tax obligations, rather than discretionary trading activity.